Liability & Legal expenses
Liability insurances are supposed to reduce the risk in everyday life and business life because especially in your professional life can a small carelessness quickly have big (financial) consequences.
In Germany, everyone has to pay for the damages he or she inflicts on someone else or his property, whether with intent or not. This applies to the expensive vase of your neighbour, but also for financial losses and personal injury. You are liable with all your assets and that until the damage has been repaired.
Especially in business relationships, such damages can be very expensive and without adequate safeguards, the fear of making mistakes can quickly undermine the day-to-day business.
Everyone who has direct or indirect customer contact knows that legal disputes can happen very quickly these days. Legal expenses insurances help you to get your rights in the courtroom.
In addition, unjustified claims against you are fended off, so you are not alone when the difficult customer threatens with a lawyer.
Furthermore, lawyer and process costs are also covered. This is extremely important, as a long litigation, even if it is won in the end, is very expensive.
Professional liability insurance (“Berufshaftpflichtversicherung”)
Professional liability insurance enables you to make sure that mistakes or mishaps in your professional life, do not have serious professional or private consequences. The coverage naturally heavily depends on your profession, a contractor for example needs vastly different protection than a notary. More
Business liability insurance (“Betriebshaftpflichtversicherung”)
Business liability insurances are the equivalent to professional liability insurances when it comes to coverage for your business. They help you defend against claims and help you pay for claims, minimizing the daily business risk. More
D & O insurance
Specialised professional liability insurance solution tailored to executives and managers. Includes special provisions as well as further benefits such as PR crisis management or security services. More
Business legal expenses insurance (“Betriebssrechtsschutzversicherung”)
Business legal expenses insurance helps you in mastering you daily business life without having to worry about legal disputes und their consequences. Consultation and cost reimbursements represent the main arguments here. More
Cyber legal expenses insurance (“Cyberrechtsschutzversicherung”)
The Internet has long been indispensable in everyday life and even more so for most companies. Cyber legal expenses insurance helps you minimize the risks associated with the usage of the internet for your business. More
Private legal expenses insurance (“Privatrechtsschutzversicherung”)
The private legal expenses insurance can cover very different fields. Most insurers offer a modular system, where different modules can be put together as you seem fit. As the name suggests, the private legal expenses covers legal mitigation and costs that arise from your private, daily life. More