Professional liability insurance is an important protection for self-employed people (lawyers, financial advisors, architects, engineers, etc.).
Lawyer Liability Insurance
- Optional (recommended) within the scope of the Lawyers' Law
- Compensation arising from professional error
- Missing time, wrong petition, etc.
Financial Advisor Liability Insurance
- Compulsory within the scope of Law No. 3568 (in certain cases)
- Loss arising from tax/SGK misrepresentations
- Payment of administrative penalty by the customer → from insurance
Architect/Engineer Liability Insurance
- Building inspection insurance (mandatory)
- Design errors
- Occurring during construction Damage
Scope
- Compensation as a result of professional error
- Court/lawyer expenses
- Amount paid to the customer
Excluded Risks
- Wilful error (intentional)
- Administrative fines (personal)
- Unlawful professional practice
Supreme Court 13. HD
13. HD accepts that the freelancer's "duty of professional care" is strict and that the insurer must make protective comments against the client/customer in cases of "negligence" claims.
Insurance law lawyer is recommended.