Professional liability insurance in Serbia

Professional liability insurance provides insurance protection to the insured for claims for compensation of ordering parties of services that are the result of professional fault of the insured in performing the registered activity and for which the Insured is liable under the law.

Professional fault is a violation and / or derogation of the existing codes of practice, established standards or the established rules of attention, applicable to a particular profession for which insured shall be responsible in accordance with the applicable regulations. Continue reading Professional liability insurance in Serbia

Assessment of damage to a motor vehicle

The methodology of determining the amount of any damage respectivelly damage assessment is very important for an objective and fair compensation for damages.

Assessment of damage to a motor vehicle shall be implemented in several phases, namely:

I phase – determining of the value of the motor vehicle on the day of the damage
II phase – determining the value of the salvaged parts (residues) of vehicle
III phase – determining of the extent and value of the damage to the vehicle
IV phasecalculation of the total damage. Continue reading Assessment of damage to a motor vehicle

Indemnity for damage for mental anguish suffered due to disfigurement

A disfigurement represent permanent change of the external appearance of a person that shall be manifested in the loss of a limb, indignity of aesthetic appearance, indignity of a body part or the impairment of a bodily function.

Disfigurement as a ground for the payment of non-material damage

Ground for indemnity of non-material damage is the mental pain because of disfigurement, and not only the existence of disfigurement without mental pain.

Whether there is any non-material damage in the form of mental pain due to disfigurement (Article 200 paragraph 1 of the Law of Contracts and Torts) shall be estimated according to objective and subjective criteria. Continue reading Indemnity for damage for mental anguish suffered due to disfigurement