This is a group of covers that look into the various forms of liabilities that we get into during the normal course of our daily activities. Such liabilities can be to third parties in the form death or bodily injuries or by your employees in the course of their duties, or to the employees, management etc. They are therefore mostly business type covers.

By far the largest exposure is to third parties, i.e. the public. Below is a set of the various sub-classes to which liability cover can be sought. (Additional ones can be provided by contacting Zimnat Lion Insurance Company Limited offices)

Public Liability:

This covers third party bodily injury or death as well as third party property loss or damage within the premises of the Insured.

Within it can be other sub-classes e.g. General Liability, Tenants’ Liability etc, Property Owners’ Liability and Products Liability.

Employers Liability:

This covers bodily injury and/or death of employees during their contract of employment while conducting their business duties.

Private Edge Liability:

A form of Directors and Officers Liability designed for non-listed companies. This is a management liability product covering management liability of directors, officers and key employees. Labour practice liability and Company liability.

Professional Indemnity:

Covers negligent acts, errors and omissions of professionals employed by the insured. Examples of professionals cover Medical professionals, Lawyers, Financial Institutions, and Engineers.

Umbrella Liability:

This is so named because it acts as an umbrella, as it combines several other classes, or sub-classes within a specified class (for example Motor Third Party Liabilities, Public and Employers Liability policy). This is done to provide tailor-made covers which provide extra protection against several liability exposures encountered during the course of business operations.

This cover may be taken to kick in after some existing specific covers in place have been exhausted or taken right from the onset.

Safari Tour Operators Liability

The cover indemnifies Tour operators against sums they are legally liable to pay arising from claims made against them by a client as a result of direct negligence or breach of contract.

Bonds and Guarantees

This insurance indemnifies the insured for pure financial loss as it covers the second party (the Principal) for default or non-delivery or defective delivery of pre-agreed service or good by the insured upon being sued by the principal. The policy is issued to an insured but compensation is enjoyed by the principal.

Bankers Blanket Policy

This is a cover especially made for banks and financial institutions and is meant to cover losses emanating from the criminal activities perpetrated through either

• Fidelity Guarantee
• Professional Indemnity
• Cash In Transit
• Cash on Premises

Credit Insurance

This is a specialist cover taken by the insured to protect against financial losses incurred as a result of the insured’s clients’ failure to pay for goods supplied to them on credit due to their death or becoming disabled. It is the insurance on a debtor in favour of a lender intended.

Pension Funds and Trustees Liability

This policy covers civil suit or proceedings brought by any person or organisation against an insured for monetary damages or other relief and may include professional indemnity, Funds Transfer Fraud and Computer Fraud.