In accordance with the Law on Accounting of the Republic of Latvia, an outsourced accountant is obliged to insure their civil liability for losses caused by professional acts or omissions. The minimum limit of liability of the professional civil liability insurance for outsourced accountant may not be less than 3000 EUR.

By concluding a contract on professional civil liability insurance for accountants, this insurance protects the Insured from unforeseen financial expenses associated with the compensation of damages caused to third parties in the course of the accountant’s professional activity.

According to the Construction Law of the Republic of Latvia, a construction specialist is obliged to insure their professional liability for damage caused to the life, health or property of other construction participants and third parties, as well as to the environment as a result of their actions or omissions in the construction process. Construction specialists include persons who have acquired the right of independent practice in the regulated professions in the field of architecture, construction or electricity.

By concluding a contract on professional civil liability insurance for construction specialists, this insurance protects the Insured from unforeseen financial expenses associated with the compensation of damages caused to third parties in the course of the accountant’s professional activity.

In accordance with the Convention on the Contract for the International Carriage of Goods by Road (CMR), the carrier is liable for the total or partial loss of the goods and for any damage occurring between the time the goods were accepted and the time of delivery.

By concluding a contract on professional civil liability insurance for cargo operators, this insurance protects the Insured from unforeseen financial expenses associated with the compensation of damages caused to third parties in the course of cargo transportation.

According to the Law on Security of Public Entertainment and Events, in order to organize a public event, the event organizer must insure their civil liability to ensure that the damage caused to third parties during the event due to the actions or omissions of the event organizer is  compensated.

By concluding a contract on professional civil liability insurance for event organizers, this insurance protects the Insured from unforeseen financial expenses associated with the compensation of damages caused to third parties in the course of an event.

The insured risk is financial losses arising from third-party claims against senior officials in connection with the performance of their duties.

By concluding a contract on the civil liability insurance for senior officials, all losses are covered that are caused to third parties by the actions or omissions of the board, members of the council, responsible officials.

In the course of performing their duties, a manager, through their actions or omissions, may cause significant losses to a third party, for example, damage a vehicle parked by the building or harm pedestrians while cleaning the roof of the building from snow and ice.

By concluding a contract on professional civil liability insurance for building managers, this insurance protects the Insured from unforeseen financial expenses associated with the compensation of damages caused to third parties in the course of the management activity.