henkilövastuuvakuutus

Henkilövastuuvakuutus, often translated as personal liability insurance or public liability insurance, is a type of insurance that covers individuals against claims made by third parties for bodily injury or property damage caused by the insured. This insurance is typically taken out by individuals or businesses to protect them from the financial consequences of accidental harm they might cause to others.

The coverage of a henkilövastuuvakuutus can vary, but it generally includes legal defense costs if a lawsuit is filed and the cost of any damages awarded to the claimant, up to the policy's limits. For individuals, it can cover incidents such as a guest tripping and falling in their home or damage caused by their pet. For businesses, it is a crucial protection against accidents that may occur on their premises or as a result of their operations.

It is important to understand that this insurance does not cover intentional acts or damages that are a result of gross negligence. The policyholder must act in a way that is deemed reasonable to avoid causing harm. The premiums for a henkilövastuuvakuutus depend on factors such as the level of risk associated with the insured activity or property and the chosen coverage limits. Having this insurance provides peace of mind, knowing that unexpected accidents causing harm to others will not lead to devastating financial losses.