Lawyers' Professional Liability Insurance
Lawyers' Professional Liability Insurance is a very important and specialized insurance policy that provides protection to professional Lawyers, in case they shall be legally liable to pay indemnity to their clients as a result of negligence or omission during the performance of their professional activity provided and which resulted to a financial loss of their customers.
According to The Lawyers’ Law (130 (I) of 2009 – The Lawyers’ Law (Amendment) (No. 2) Law of 2009, as from 1st January 2010, no license to practice law will be either issued or renewed, unless the lawyer has a valid insurance coverage provided by a licensed insurer, against professional liability negligence.
| Compulsory Law Limits: |
| Our Insurance Policy provides insurance coverage for the minimum amounts required by the Pancyprian Law Association, as follows: |
| For each claim: € 170,860 |
| For any insurance period: € 341,720 |
| Additional limit: Defense Costs: € 25,630 |
| Additional Covers: |
| The Minimum Limits can be increased above the minimum amounts required by law, according to clients’ needs and can also offer extension of cover with an additional premium for: |
| • Document Loss |
| • Defamation and Libel |
* For more information, exceptions and offer, contact us or our insurance agents
This website is designed to provide you with data which offers an indication of our product and services. We have made every effort to ensure that those are in accordance with the products and services currently on offer to our customers. Those data may be changed without notice and we do not take any responsibilities or provide any warranties with regard to the availability of the products or services, the price that appears or the content of insurance plan you chose. To receive the latest and conclusive pricing and specification information, please visit one of our offices or contact our insurance agents.