Professional Indemnity ENGINEERING FIRM / Health, Safety & Energy Audits👉 estimated Cost: €3,000–€3,200 Down Payment Required €300

🔶 Client's Declared Fees: €650,000
🔷 Δηλωθέντα Έσοδα Πελάτη: €650,000

🔶 Territorial Limit: 🌍 Worldwide (excluding North America)
🔷 Όρια Τοπικής Εφαρμογής: 🌍 Παγκόσμια (εξαιρείται η Βόρεια Αμερική)

🔶 Law / Jurisdiction: Republic of Cyprus ⚖️
🔷 Νομοθεσία / Δικαιοδοσία: Κυπριακή Δημοκρατία ⚖️

🔶 Limit of Liability – Any One Loss: €500,000
🔷 Όριο Ευθύνης – Ανά Ζημία: €500,000

🔶 Retention: €6,000
🔷 Απαλλαγή: €6,000

🔶 Limit of Liability – In the Aggregate: €500,000
🔷 Συνολικό Όριο Ευθύνης: €500,000

🔸 Main Covers / Καλύψεις:

🔶 Intellectual Property / Πνευματικά Δικαιώματα
🔶 Defamation / Δυσφήμηση
🔶 Fraud & Dishonesty / Απάτη & Δόλος
🔶 Extended Reporting Period / Εκτεταμένη Περίοδος Δήλωσης Ζημίας
🔶 Loss of Documents / Απώλεια Εγγράφων
🔶 Defense Costs / Έξοδα Υπεράσπισης

Prior to each renewal we need to know :

1️⃣ Any variation in gross fee income exceeding 15% compared to the last fully completed financial year.

2️⃣ Any adjustment in the distribution of fee-based activities exceeding 10% within any category previously declared in the last submitted proposal form.

3️⃣ Any other significant development, circumstance, or change that could reasonably affect the insurer’s decision to accept, rate, or assess the risk.