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Professional liability insurance is intended to compensate for general financial loss that a lawyer may cause to their clients in the course of their work. Lawyers are required by law to purchase and maintain professional liability insurance under the Act on Lawyers.
Insurance can be complicated. To make things easier to understand, we have compiled all the key information about the insurance in an information document that can be viewed with the terms and conditions.
Liability for damages imposed on the insured when a third party suffers general financial loss that can be traced to the insured or their employee.
Losses caused intentionally by the insured or their employees.
Losses resulting from the insured assuming liability broader than their general legal liability as a lawyer.
Fines imposed on the insured or a third party.
Bodily injury or damage to property.
Legal services performed by the insured outside the European Economic Area, or liability for damages that exceeds the rules applicable there regarding the basis for compensation or the determination of compensation amounts.