General Guides — Liability Insurance in Iran

A logical minimum limit based on the diyeh of the year of occurrence, a decision table by activity and the consequences of an insufficient limit.

Fixed versus percentage deductibles, their effect on the premium and balancing the deductible with the limit of liability.

Renewing before expiry, what endorsements change mid-term, revisiting the limit with the yearly diyeh and a five-step uninterrupted renewal.

Baseline documents and papers by applicant type — including employer staff lists under Labor Law Article 91 — and the five-step issuance journey.

Liability insurance is not universally mandatory: the obligation depends on the activity — and being uninsured never removes the underlying legal liability.

The insurer pays what the policyholder is legally obliged to pay a third party, capped by the limit of liability — not damage to the policyholder's own assets.

Eight fields to verify before signing — activity description, per-coverage limits, deductible, exclusions and renewal terms; after issuance, changes need a formal endorsement.

Three day-one risk groups, a first-year priority order for coverages, a limit based on the diyeh of the year of occurrence and honest notes on contracts and tenders.