Protection of the Insured against any claims made by third parties for indemnification of incurred financial (economic) losses as a result of mistakes (wrongful professional act) made by the Insured.
Intended for
Small, medium and large national and international commercial and industrial companies and self-employed professionals, providing services in the areas as follows:
- IT companies.
- Property management.
- Audit and Accountants including financial statement consultancy, tax matters.
- Lawyers including attorney, client interests representation in governments authorities and establishments, law application consulting, legal due diligence.
- Designers and architectures including project planning of a building or its part, or restoration, supervision.
- Insurance brokers and agents.
- Estimators or surveyors.
- Realtors.
- Recruiting and HR consultants.
Covered Risks
- Insurance indemnity is a subject to all amounts in respect of which the Insured is legally liable to pay for the damage caused to the third party as a result of mistakes (wrongful professional act) made in professional services providing.
- Plaintiff expenses reimbursement, in connection to the insured event.
- Reimbursement of the attorney services, while the investigation and/ or trial.