Employer’s Liability insurance provides cover to the employer in respect of legal liability towards employees, in relation to bodily injury caused by an accident or an occupational disease, during their employment.
This insurance is compulsory, according to The Compulsory Employer’s Liability Insurance Law of 1989 (174/1989).
Cover is provided to you, as an Employer, against your legal liability to pay damages (including expenses and legal costs of the claimant), to any person directly employed by you in connection with an accident or occupational disease, arising out of and in the course of employment.
The minimum limits of indemnity which have been set by the law and for which the insurance coverage is provided, are follows:
- For each employee €160.000
- For each event or series of events € 3.500.000
- Total limit for each period of insurance € 5.250. 000
In the event of the death of the insured, insurance coverage (or indemnity) in respect of liability incurred by the Insured shall be provided to personal representatives.
