Professional Liability Insurance
Protect your professional future against third-party claims
Our professional liability insurance protects your activity against financial claims from third parties resulting from professional errors. This allows you to fully focus on your work, without worrying about possible compensation claims—an invaluable advantage for your financial security.
Benefits of this insurance
Coverage adapts to your profession: some focus on personal and material damages, others on financial damages.
If a claim is not legitimate, we take care of rejecting it on your behalf, including the associated legal costs.
For lawyers, notaries, tax advisors, or auditors, this insurance is a legal requirement to practice.
Coverage applies across German territory; if you also work abroad, we can look into extending your coverage.
What is covered
Errors in professional practice
Covers costs when you or your staff cause harm to third parties through error, incorrect advice, misdiagnosis, or other professional failure.
Especially exposed professions
Especially relevant for advisory or medical professions, such as consultants, trainers, auditors, or health professionals.
Sum insured based on your profile
The sum is adjusted to your profession and needs; some groups have legal minimums, such as €250,000 for lawyers.
What is not covered
Activities not described in the policy
Coverage only applies to the activities specifically described in the insurance contract.
Intentional damages
Damages caused intentionally or willfully are excluded from coverage.
Real claim examples
Tax advice error
An advisor makes an error that causes financial harm to their client; the insurance covers the corresponding compensation.
Claim due to misdiagnosis
A professional practice receives a claim over an assessment error; the insurance covers the legal defense and the appropriate compensation.
Frequently asked questions
Is this insurance mandatory?
For certain groups, such as lawyers, notaries, or auditors, it is mandatory. For many other professions it is voluntary, though highly recommended.
What is the difference with business liability insurance?
Professional liability covers errors in the practice of your specific profession; business liability covers general business risks, such as material damage on your premises.
Does it cover my employees?
Yes, coverage includes damages caused by errors of your staff while carrying out the insured activities.
What sum insured do I need?
It depends on your profession and the risk of your activity; some groups have a legal minimum, but you can increase it according to your needs.
Want to protect your professional activity?
Tell us your profession and activity, and we will help you determine the right coverage.
Request free advice