Providers of motor vehicle rental services

Motor vehicle rental service (Rent a car)

A motor vehicle rental service is considered to be the rental of a motor vehicle category A and B without a driver (rent a car). The conditions for providing the service of renting a motor vehicle without a driver (rent a car) are regulated by the provisions of the Law on Tourism (“Official Gazette of…
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Insurance Law

Insurance agency

Insurance agency activities shall be the activities of initiating, proposing or carrying out the tasks of preparation and conclusion of insurance contracts on behalf and for the account of an insurance undertaking. Insurance agency activities shall be carried on by a legal person or natural person – entrepreneur based on an insurance agency contract, in…
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Insurance Law

Insurance brokerage undertaking

The conditions for the establishment and operation of insurance brokerage undertakings, as well as the conditions for performing insurance and reinsurance brokerage activities, are regulated by the provisions of the Insurance Law (RS Official Gazette, Nos 139/2014 and 44/2021). Insurance brokerage activities include insurance and reinsurance brokerage activities. Insurance brokerage activities shall be activities related…
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Life insurance contract

Insurance of persons – general rules and excluded risks

The Law of Contract and Torts by the provisions of Articles 942 to 953 governs general rules as well as risks that are not covered by the life insurance contract. General rules Determination of the Insured Amount In contracts of insurance of persons (life insurance and accident insurance), the amount of insurance to be paid…
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Law on financial leasing

Parties to a financial leasing transaction

Law on financial leasing governs: financial leasing transactions financial lease agreements rights and obligations of parties to a financial leasing transaction terms of performing financial leasing transactions supervision of Lessors’ operations and the Register of Financial Leases. Financial Leasing Transaction A financial leasing transaction means a financial intermediation transaction which is performed by the Lessor…
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Insurance Law

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…
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