Fire or explosion: insure your liability
With objective liability insurance, you comply with your legal obligation and ensure that victims will be compensated.
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INSURANCE
Objective liability insurance for fire and explosions from AG
Objective liability insurance for fire and explosions is a Belgian civil liability insurance policy from AG SA, distributed by BNP Paribas Fortis SA.
It is a one-year contract with tacit renewal for the same period, unless terminated at least 3 months before the main expiry date. For contracts taken out or tacitly renewed from 1 October 2024, you have until 2 months before the expiry date to terminate them.
Objective liability: protect yourself
As a restaurant, cafe, or other public establishment owner, you're at risk in the event of a fire or explosion. Even if you're not responsible for the incident, you're still liable for compensating victims.
Fortunately, objective liability insurance has got you covered. This mandatory insurance compensates victims for injuries and material damage, which can quickly add up to significant amounts. By having this cover, you can avoid a potentially devastating financial situation.
A mandatory insurance
Legally required for certain establishments, Objective Liability Insurance allows you to:
- obtain your operating permit
- avoid the risk of closure and criminal penalties
Victim compensation
In the event of a fire or explosion in your establishment, you have the assurance that the victims of the incident, likely your customers, will be compensated.
Physical injury and material damage
Objective liability insurance for fire and explosion covers both physical injury and material damage to victims.
Why and for whom?
What is objective liability?
It's an application of the principle of civil liability without fault. The victim can request and obtain full compensation for their damage without having to prove fault on your part.
Which public establishments?
Restaurants or cafes over 50m², sports halls, rest homes, shops over 1,000m²... These establishments are legally required to insure their objective liability in the event of a fire or explosion.
The extent of your protection
Main risks covered
Your objective civil liability: In the event of a fire or explosion, your liability is automatically engaged, even without fault on your part.
Rescue costs, civil action costs, lawyers' fees, and experts' fees
Physical injury to victims, up to €23,105,725.44 indexed* per claim
Material damage to victims, up to approximately €1,155,286.27 indexed* per claim
Main risks not covered
Damage caused intentionally by you
Liability related to a serious fault on your part, and more specifically serious infringement of laws, regulations, and customs specific to your business activities
Material damage already covered by a tenant's, occupant's, or third-party liability insurance
Discover the complete list of all covered and non-covered risks
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The above list of covered risks is not exhaustive. For a comprehensive understanding of the policy's scope, please refer to the general conditions. To learn more about the key features of this insurance, you can consult the information document.
If you're interested in receiving a personalised offer, please contact your advisor or call the Easy Banking Centre at 02 433 43 34.
* Consumer Price Index 171.41 of March 2016 (base 1988 = 100)
Learn more
Be sure to consult these documents before signing your contract:
Not satisfied?
Please don't hesitate to reach out to your advisor in the first instance. Alternatively, you can refer to Article 21 of the general banking conditions for more information.
If you have a complaint, you can send it to BNP Paribas Fortis SA, Complaint Management Service JQABD, Montagne du Parc 3, 1000 Brussels, tel. 02 228 72 18, gestiondesplaintes@bnpparibasfortis.com or via www.bnpparibasfortis.be > Suggestions or complaints > online declaration form.
If the proposed solution does not satisfy you, you can send your complaint by post to the Insurance Ombudsman Service, Square de Meeûs 35, 1000 Brussels, BCE: 884.072.054, tel.: 02 547 58 71, info@ombudsman-insurance.be - www.ombudsman-insurance.be.
In the event of a claim
Urgent assistance or a claim declaration: do you need us? Our team is here to help!
In 3 Steps
YOUR LEGAL PROTECTION
1
Your legal obligation
Determine if you are responsible in the event of a fire or explosion in your business.
2
Contact us
Ask your advisor about our objective liability insurance for fire and explosions.
3
Request your offer
Get a proposal tailored to your case, your professional activity, and your situation.
Contact your advisor or call the Easy Banking Centre for a video conference appointment.Call us on 02 433 43 34
Also of interest
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Business liability insurance
This insurance policy provides broad protection, covering operations, confided objects, and after delivery guarantees
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Construction liability insurance
Protect yourself against the unique risks of the construction sector with this tailored insurance solution.
-
Liability insurance for medical and allied health professionals
This is a professional liability insurance policy for doctors, nurses, beauty care specialists etc. and may be compulsory in many cases.
-
Operational legal expenses insurance
If you’re facing a claim for damages or criminal proceedings, this cover ensures that you’ll be properly defended.
Legal Information
AG Insurance SA/nv – 53 Boulevard Emile Jacqmain, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0404.494.849 – www.aginsurance.be. Accredited insurance company licenced under code number 0079, under the supervision of the National Bank of Belgium, 14 Boulevard de Berlaimont, B-1000 Brussels.
Intermediary: BNP Paribas Fortis SA/nv – 3 Montagne du Parc, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0403.199.702, registered with the FSMA, 12-14 Rue du Congrès, B-1000 Brussels, under code number 025879 and acting as a contractually appointed insurance agent on behalf of AG Insurance SA/nv. BNP Paribas Fortis SA/nv holds a stake of more than 10% in AG Insurance SA/nv.
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