Fidelity United Liability Insurance

If someone’s business operations lead to harm or damage, liability insurance becomes their safety net, covering legal fees and compensations. This type of insurance is important, especially for those who might face legal claims for injuries or damages that they cause to others. 

 

Fidelity United Liability Insurance- An Overview

Fidelity United Liability Insurance is designed to safeguard businesses against claims of harm or damage resulting from their operations. 

It's an essential layer of financial protection that helps you manage the risk of legal liabilities. This has made it increasingly important and popular among businesses seeking to mitigate potential losses.

This type of Fidelity insurance can be divided into several types-

• Public Liability Insurance: Covers businesses against legal liability for injury, loss, or damage to third parties or their properties, which arises from business operations
• Workmen’s Compensation: This type of Fidelity insurance policy offers compensation to employees for injuries, disabilities, or death during employment under the labour laws
• Professional Indemnity: Financially protects professionals against legal liability for loss or damage to clients due to negligence, errors, or omissions in the services provided

 

 

Key Features of Fidelity United Liability Insurance

The key features and benefits of Fidelity United Liability Insurance are designed to meet the specific needs of businesses while providing customised, cost-effective, and professionally managed solutions-

• Customised Solutions: Policies are tailored to match the unique requirements of each business for effective coverage.
• Cost-Effectiveness: These Fidelity insurance plans are affordable, offering significant protection without imposing a heavy financial burden.
• Professional Expertise: Fidelity United Insurance Company employs a team of professionals who specialise in assessing risks and crafting policies that best mitigate those risks.
• Dedicated Risk Assessment Team: There's a dedicated team in place to evaluate the specific risks associated with your business operations, and provides a foundation for the most comprehensive coverage.

Inclusions of Fidelity United Liability Insurance

You can check out the coverage of Fidelity United Liability Insurance below-

Types of Fidelity United Liability Insurance	Coverages
Public Liability	Death or bodily injury to any person outside the service of the insured or subcontractors Damage to property not owned, held in trust by, or under the control of the insured or their employees or subcontractors, and not covered by another policy All costs and expenses incurred in the defence of any claim against the insured Limits of indemnity can be specified by the proposer for any one claim/event/period of Fidelity insurance
Workmen’s Compensation	Covers medical costs and a percentage of wages lost if an employee is unfit to work due to job-related illness or injury Compensation as per labour laws of the jurisdiction agreed under the policy
Professional Indemnity	Protects against legal costs and claims for damages due to acts, omissions, or breaches of professional duty in business operations Coverage for financial loss or injury to a third party resulting from professional mistakes or omissions  Serves professionals providing advice or services, including architects, engineers, doctors, lawyers, accountants, medical practitioners, and establishments

Exclusions of Fidelity United Liability Insurance

When considering Fidelity United Liability Insurance, it's crucial to understand that not all situations are covered under the policy. 

To ensure that you're fully aware of what's included and what's not, always read the fine print of your Fidelity insurance policy document. 

Here are the common exclusions-

• Intentional Damage: This refers to any damage or harm caused deliberately by the policyholder or with their consent. This is because insurance is designed to protect against unforeseen events, not intentional acts that result in loss or damage.
• Contractual Liabilities: These are obligations that arise from agreements or contracts entered into by the policyholder. Generally, this type of Fidelity insurance does not cover liabilities or losses that one assumes by agreement unless such liability would have been attached to the policyholder even in the absence of the contract.

Why Should You Buy Fidelity United Liability Insurance via Policybazaar UAE?

Buying Fidelity United Liability Insurance through Policybazaar UAE is a decision that brings you multiple benefits, thanks to Policybazaar.ae's approach to making insurance shopping straightforward and accessible. 

Let’s check out the 6 key advantages of using Policybazaar UAE for your insurance needs-

• Unbiased Advice: Policybazaar.ae provides a platform where you can compare various insurance options. This helps you make an informed decision without any bias.
• Ease of Use: The platform simplifies the insurance buying process- you can easily explore, compare, and purchase policies with just a few clicks.
• Outstanding Offers: On Policybazaar UAE, you can find exclusive deals and discounts that might not be available elsewhere.
• Excellent Support: The customer service team goes above and beyond to assist you throughout your insurance journey- from purchase to claims.
• Educating Customers: Policybazaar UAE keeps you updated with the latest changes in the insurance industry, helping you understand the nuances of different policies.
• Recognised Excellence: With accolades like 'Best Brand of UAE'21', Policybazaar UAE's reputation for quality service and reliability is well-established.

Claim Process of Fidelity United Liability Insurance

When you notify the insurance company about a claim under Fidelity United Liability Insurance, it initiates a seamless process to assist you. 

An expert, typically an experienced claims handler or adjuster, is assigned to your case. This professional is tasked with guiding you through every step of the claim process for clarity and support. 

 

Cancellation Process of Fidelity United Liability Insurance

The cancellation process for Fidelity United Liability Insurance involves giving a 30-day written notice if initiated by the insured. Upon such cancellation, the insurance company retains a prorated premium for the period the policy was active. 

Conversely, the insurance company can also terminate the policy at its discretion, promising to refund a prorated portion of the premium for the remaining term. 

It's crucial to consult the policy wording for comprehensive details on the process and any conditions that apply.

 

Frequently Asked Questions