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Professional liability insurance for lawyers in Sumy
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Types of insurance 

 

Professional liability insurance for lawyers and legal agencies

 

Under the professional responsibility means responsibility of counsel, or any other subject of legal work for their activities (provision of various types of professional services or works).

 

Who can be insured?
 legal entities or natural persons who carry out such professional activities:

  • legal (law firms; lawyers; legal consultants; capable individuals who have higher legal education and experience in providing legal services for at least two years);
  • notary (private notaries; public notary offices; the other Ukrainian citizens who meet the requirements of the law of Ukraine "on Notariate");
  • audit (auditing firms, individuals who meet the requirements of the law of Ukraine "about auditing activity");
  • other types of professional activity.

Objective: to compensate damage caused to property interests of clients if damage resulted in the delivery of legal services.

 

Insurance object: property interests of the lawyer or the lawyer for the reimbursement of loss suffered by the client in carrying out a professional activity.

 

Insurance risks of lawyers

  • professional mistake;
  • negligence;
  • lack of experience;
  • other errors associated with the profession of lawyer.

Validity period of insurance:
 The insurance contract is concluded for a period of one year, but there are two variations of the liability insurance company (two programs):

  • program “One year”
    -Insurance company is responsible for proactive action against a lawyer or solicitor by a third party during the term of the insurance contract and within a month after the expiration of the contract, provided that the event which caused damage to a third party, occurred in the period of validity of the insurance contract.
  • program “one year plus two
    - The insurance company is responsible for claims brought by third parties as a lawyer during the term of the insurance contract and for two years from the date of insurance contract expiration, provided that the event which caused damage to a third party, occurred in the period of validity of the insurance contract.

The agreement is valid only on the territory of Ukraine. In the settlement of disputes between parties to the contract of insurance is only valid legislation of Ukraine.

 

Insurance for lawyers and jurists in Sumy

Contact information for lawyers:

Free Insurance Consultant

Inna
Phone:    (+38) 066 161-22-42
 
E-mail:  straxovkaSumy@yandex.ua
 
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