Liability of Other Professions

As the legal culture increases, the number of claims of persons who have suffered losses due to bad quality services increases. Especially, if the provided service was a paid service. Apart from direct financial losses related to the compensation of the damage caused, a whole series of unpleasant moments arise – negotiations with the injured party, independent expert examinations and, if the case goes to court, time and expense for legal proceedings. Everything said affects the image of a merchant and reputation of the specialist.

Professional indemnity insurance allows transferring the risk related to unexpected expenses associated with incidental expenses incurred due to damage to third parties.

Both the merchant and the specialist can acquire professional indemnity insurance.

Entering into a professional indemnity insurance contract does not show merchant irresponsibility or a specialist’s attitude towards professional activities thereof, but the other way round – it indicates a conscientious, rational and responsible approach towards one’s customer interests.

What losses are indemnified?
BTA indemnifies for financial losses caused to a third party that ensue from the services provided when performing professional duties.
BTA also indemnifies for litigation expenses in the event that court action is brought against the Insured.