As a specialist insurance broker for legal and business consulting professions, our goal is to offer lawyers and notaries high-quality insurance protection at the best conditions.
We are one of the few experts in the industry. Thanks to decades of experience, always up-to-date specialist knowledge, ongoing training and further education as well as excellent industry contacts, we can offer our clients that certain difference. Our clients include law firms, notaries and legal professional practice companies (BAG) of various sizes throughout Germany.
In everyday language, financial loss liability is often referred to as professional liability insurance. In the following article we will use the term “professional liability insurance” to make it easier to read.
Features of professional liability insurance
Compensation for damages: In the event of damage, professional liability insurance pays compensation in the amount of the damage incurred, but up to a maximum of the agreed insured sum.
Insured activities: In addition to the “classic” legal activity, other “lawyer-related” activities are also insured, such as activities in the context of the execution of wills and estate administration, in guardianship and care, as an arbitrator, mediator or notary representative.
Insurance premiums: In addition to the sum insured, the amount of the premiums often depends on the respective legal specialty, a deductible and the fee income on an annual basis. Particularly favorable conditions are possible for start-ups and in-house lawyers.
Behrschmidt & Kollegen Versicherungsmakler GmbH