CL for real estate professionals
Comprehensive protection against professional risks in the real estate sector.
We offer a specialized insurance that supports the security and trust of professionals in the real estate sector against possible claims or errors in the exercise of their activity.
The civil liability insurance (CL) for real estate professionals is designed to protect those who work in the buying, selling, renting, and management of properties from potential damages and losses caused to third parties. This insurance covers bodily, material, and economic damages that may arise from their professional activity, providing peace of mind to both professionals and their clients.
Among the coverages, the following stand out:
Operational CL: Protection against damages caused in the course of business activities.
Professional CL: Coverage for errors, omissions, and negligence that cause economic, personal, or material harm to third parties.
Real estate CL: Responsibility arising from the building or property where the activity is carried out.
Locative CL: Coverage as a tenant of the property where the activity is performed.
Employer's CL: Personal injuries arising from work-related accidents.
Subsidiary CL: Compensations that the insured must cover subsidiarily.
Data protection CL: Protection against claims related to the handling of personal data.
Cross CL: Coverage for damages to employees of contractors and subcontractors.
Expenses for document loss.
Defense expenses.
Compensation for professional disqualification.
Highlights
The main risks covered by this insurance include:
- Errors and omissions in real estate management.
- Claims for professional negligence.
- Loss or misplacement of important documents.
Coverages
This insurance covers a wide range of protections to safeguard real estate professionals against various risks:
Bodily, material, and economic damages.
Protection against errors and omissions in transactions.
Expenses arising from legal defense.
Compensations for professional disqualification.
Frequently asked questions
What professionals can take out this insurance?
The insurance is designed for any professional involved in the purchase, sale, rental, or management of real estate, such as agents, brokers, and property managers.
Does it cover administrative errors or just physical damages?
This insurance covers both administrative errors that cause economic harm and physical or material damage to third parties.
What happens if important documents are lost?
The insurance covers the expenses related to the loss or misplacement of relevant documents for the professional's activity.