PROFESSIONAL INDEMNITY INSURANCE FOR ENTREPRENEURS AND FREELANCERS
On the one hand, entrepreneurs and freelancers have the greatest possible freedom of decision and action, on the other hand, they have to give greater consideration to liability issues. Higher environmental standards, amended laws and regulations, as well as increased requirements lead to a higher liability risk. In case of a breach of the duty of care vis-à-vis customers or other stakeholders, you are legally liable for the damage caused. Even simple calculation errors or the missing of a deadline may cause high claims for damages. We will work out the optimal insurance solution for you in order to cover the costs for such claims. Regarding the topic of claims for damages, please also refer to our information on Corporate Legal Liability Insurance.
TYPICAL EXAMPLES OF DAMAGE
Due to an allegedly wrong legal advice, claims for damages are made against a lawyer.
A construction engineer makes a mistake in the planning of a building complex. The mistake is only discovered after completion of the structural work. Claims for damages amounting 100,000 euros are made against the engineer for the costs of the reconstruction.
Due to an insufficient examination, a doctor chooses the wrong treatment for a patient. As a consequence, the patient suffers physical damage and must undergo surgery. The patient makes claims for damages against the doctor.
Cover of costs for justified claims for damages
Defence against unjustified claims
Cover also for pure financial losses e. g. due to advisory services
Entrepreneurs
Self-employed
Freelancers
YOUR CONTACT:
CHRISTIAN PEDAK
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