Small child's desire to explore the world is stronger than any prohibition. And the parents are well aware that the child is able to make not only small pranks but create quite a mess related also to injury or damage to third parties if the child is left unattended even for a while.
Parents are responsible for supervision and monitoring of their children, with particular attention being paid to their offspring until the age of seven, while the child is still unable to assess correctness of his/her conduct and compliance with the situation, and still does not understand what consequences such an action may cause. Older children are already able to understand it, but the fact remains that until the children reach adulthood they are in parents' area of responsibility, so that the third-party liability resulting from acts of a child usually are borne by the child’s parents.
For an adult person it is hard to predict what „experiment” is being planned by the child. The child can, for example, open a water tap to make a swimming-pool for his beloved teddy bear, and then leave the bathroom without closing the tap. The child may think that it would be interesting to see the “flight” of a flower pot when it is thrown through the window, but this pot may hit a car which is parked on the street under the window. It may well happen that a ball accidentally hits a window of a neighbouring house. When cycling, your child can collide with a car parked on the roadside and scratch it...
In most cases, the child acts without intention to cause harm or damage to any person, but typically they do occur and often are associated with substantial costs.
As a illustrative example of this we can mention an unfortunate incident that took place last summer in one of Pārdaugava private housing estates. 14-year-old Signe (name changed), rode the bike along the quiet streets. Cars were rarely seen on these streets. The girl, without reducing speed and failing to check whether no vehicle was approaching, crossed the small street intersection and collided with a car - it was Signe’s fault due to her negligence.
In the result of this accident Signe was injured. Signe’s recovery was the main concern of her parents. Signe’s bike was total loss – after the collision it was no longer repairable. And Signe’s parents got additional financial problems because the owner of the car involved in the accident presented a claim against them demanding compensation in amount of more than
If Signe’s parents had purchased a private third party insurance policy prior to this incident, an unplanned spending would not have incurred in the family budget, because all expenses related to the incident - both for medical services provided to Signe, loss caused by the damaged bike, and costs of repair of the damaged car - had been covered by the insurer.
Purchase of a private third party liability insurance policy can protect you in such emergencies, when it is necessary to cover loss or damage caused by minor children.
It is important to know that in the case of purchase of such insurance policy its coverage is broader than direct liabilities that may arise from the damages caused by the child - the policy provides insurance protection against various risks for the whole family – including the child's parents.
Private third party liability insurance policy also applies to the cases mentioned below, if these cases, due to negligence, result in any loss / damage to third parties:
-
in connection with operation and management of apartment or private house owned or rented by you: for example, your neighbours are flooded due to a failure of the water supply or sewage line; apartment of your neighbour is damaged due to a fire that has been caused by faulty electrical wiring;
-
in connection with keeping of your pets – a dog or cat: for example, your dog runs out and causes a traffic accident on the road or bites someone; your cat damages clothes or footwear of your guests;
-
in connection with active leisure activities: for example, you ride a bike passing a parked car and accidentally scratch it; skiing from a hill you collide with a person causing injuries to him/her;
-
in connection with other everyday risks, for example, if you as a pedestrian cause a traffic accident.
You can buy ain insurance policy, coverage of which is in force not only in the
There can be also a situation where in the result of an accident you are the person who suffers a loss but the guilty person is unable to compensate the loss due to his/her insolvency. If you purchase a private third party liability insurance policy from IJSC Seesam
It is more advantageous to purchase a private third party liability insurance policy together with property insurance. Policy price – starting from LVL 15. If a private third party liability insurance policy is purchased as a separate product without property insurance, then, if the liability limit is set to LVL 10 000, the policy price is
A very attractive offer for parents is the children's accident insurance program "Extra", which also covers the child's civil liability in amount of LVL 500. Before 31st July you can buy this program just for
This is a relatively small investment that allows you to get the peace of mind and guarantees compensation of losses caused in the result of an accident.
„OP – Pohjola Group”, which is the shareholder and owner of IJSC „ Seesam Latvia”, is one of the largest and leading financial and insurance groups in Finland. Pohjola Insurance Ltd, a non-life insurance company which is owned by „OP – Pohjola Group”, was founded in 1891, and it is both the oldest and by its 27% market share also the largest insurance company in
The long-term safety rating conferred to Pohjola Insurance Ltd by the international rating agency Standard & Poor’s is A+ (strong).
Additional information:
Inese Līcīte
Acting TPL and Financial Risk Underwriter
IJSC "Seesam
Insurance and Development Department
Vienības gatve 87H,
Tel. +371 67 06 10 52
Fax +371 67 06 10 22