ERGO My Business Liability Store/Office

ERGO My Business Liability insurance for your Store/Office offers full protection for damages and injuries to third parties when they occur on your business premises and are caused by your actions or omissions.

ERGO My Business Liability Insurance for Store/Office is offered in three packages (Simple, Advanced and Total).

You can tailor the insurance plan that suits you, depending on the type of coverage and the amount of compensation you want to include: bodily injury, death, property damage, moral injury, mental anguish and additional cover.
In addition, you can include additional members in your insurance, such as employees of your store or office.

Duration: annual with the possibility of renewal

Payment: annual

Partner: ERGO Insurance

From €69 annually.

Up to 12 interest-free monthly installments with any Piraeus Bank credit card.

The offer, issue and payment of your insurance policy is completed immediately and delivered to you at the Piraeus Bank branch that serves you.

ERGO My Business Liability Insurance covers you for damages and losses caused to third parties through your fault and related to the use, possession and operation of your business premises and facilities. Indicatively: bodily injury, death, property damage, moral damage, mental anguish

Depending on the package you choose, ERGO My Business Liability Store/Office insurance may also cover you for other losses or damages caused by unexpected events, such as:

• Damage to customers' personal belongings that are proven to be due to your own and your employees' negligence. This excludes cell phones, valuables and money.
• Liability from the fall of illuminated signs or signs mounted on the front of your building, if you are deemed responsible for the fall.
• Liability from fire, explosion and short circuit or rupture of boilers or other pressure vessels. Only bodily injury or death is covered.
• Accidents arising out of the use of the building's elevator, provided the elevator is serviced monthly by a qualified person in accordance with the manufacturer's specifications, with a right of action against the contractor or elevator servicer.
• Injuries during unloading within your business premises. Excludes damage to the goods and the very vehicles on or in which the goods are being transported or loaded.
• Damage to the goods and the vehicles themselves.
• Accidents of food poisoning of third parties. The undertaking is liable to pay compensation only if there are at least 3 victims of the same event. Liability is excluded for products placed on the market after their expiry date.
• Accidents during maintenance, repair or renovation work on the premises. Applies to a work budget of up to €10,000.
• Liability for damage to third-party vehicles in your business's car park caused by the operation of the premises. Excludes theft, fire, collision, collision or overturning, as well as destruction or loss of objects within the vehicles.

The indemnities of each package are determined according to the level of cover you choose, in accordance with the general and specific terms of your policy.

 

Coverage	Simple	Advanced	Total
Death / Bodily injury per person	€20,000	€60,000	€75,000
Death / Bodily injury group	€30,000	€120,000	€150,000
Material damage	€50,000	€30,000	€40,000
Maximum liability limit per year	€50,000	€120,000	€150,000
Exemptions	€100	€100	€150

 

Example of premiums for a shop	Simple	Advanced	Total
Total annual premiums	€69	€79	€99

ERGO My Business Liability Insurance does not cover the following cases:

• Theft or loss of any kind of objects or property of third parties of any form, nature or value
• Damages caused by an event that occurred before the commencement of the insurance
• Liability from the provision of medical services

Note:

All the cases for which you are not covered by ERGO My Business Liability Branch/Office insurance are listed in article 6 of the general terms and conditions of your policy.

1. Precautions to prevent accidents
The ERGO My Business Liability Shop/Office insurance covers you only if you take the necessary precautions to prevent accidents or damage and comply with the laws and regulations concerning the safety of the public and your staff.

2. Firefighting and fire safety measures
My Business Liability Shop/Office insurance covers you only if you take all legal firefighting and fire safety measures in those parts of your business premises covered by your policy.

3. Fire Coverage

• If you already have fire insurance, your Third Party Liability coverage for fire operates in excess of the limits and coverages of your other insurance policy. This means that it only covers you for what your other policy does not already cover.
• The owners of the building you are renting are not considered third parties for property damage caused by your fault.

The société anonyme under the corporate name "Piraeus Financial Holdings SA" (4 Amerikis, P.C. 105 64 Athens, Greece, with G.E.MI. (General Commercial Registry) No. 225501000, VAT No. 094014298 Athens Tax Office for Corporations (F.A.E. ATHENS)), registered as an insurance agent at the Athens Chamber of Tradesmen with special registration number 1031, carries out the activity of distribution of insurance products, in the name and on behalf of the insurance companies with which it maintains cooperation, using the network and the certified employees of Piraeus Bank.