What Is General Liability?
General liability is a term that, within the framework of Spanish Civil Code legislation, covers a broad concept. As we will see below, it must be distinguished from other more specific types of liability. The most common comparison is with professional liability. In...
What Are Sums Insured in Liability Insurance?
The sum insured in liability insurance is a very important point that you should review when taking out a policy. Otherwise, you may arrange a policy that is too limited and does not cover all the damage you expected. This will inevitably affect your finances. What...
What Is Contractual Liability in Insurance?
When we talk about liability (RC), we sometimes come across terms more commonly used in the legal field but which we need to understand because they may affect us at a specific point in life. What is contractual liability? In this post we explain what it consists of,...
Is Liability Insurance Tax-Deductible?
Can liability insurance be tax-deductible? In this article we clarify this question and comment, in general terms, on the tax framework that applies to this type of insurance product. Tax Framework for Liability Insurance As a rule, liability insurance is often taken...