Statutory insurance

Statutory insurance applies to everyone who engages in certain type of activity in connection to which he or she is insured under the relevant laws. This insurance is taken out irrespective whether the person entered into an insurance contract or not. The only statutory insurance is the so-called statutory insurance of employers’ liability for damage caused by work injury or occupational illness. In the Czech Republic, two insurance companies provide this insurance policy: Česká pojišťovna and Kooperativa.