Manager Legal Protection Insurance
Your advantages with us
Ihre Anfrage zu Manager Legal Protection Insurance
More information about Manager Legal Protection Insurance
The Manager / Property Damage Protection is yours. span> strong>
Your advantages at a glance span>
Cover amount up to 500,000 EUR depending on the agreement
Cost protection for the defense of claims for damages of the company or of third parties
Reimbursement of attorney’s fees, in the out-of-court procedure also by fee agreement up to 250 EUR / hour
legally and financially on the safe side – with 24-hour legal advice
competent advice from independent lawyers
free and easy by phone
You know right away whether you are right and what to do next
Recommendation of a specialized lawyer in your area who will help with your case
Why is this insurance important to you? strong>
An error in the market assessment, a commercially wrong decision or a bad investment often lead to claims for damages in the millions. Whether as a member of the Executive Board, Managing Director, Supervisory Board or Advisory Board, you are personally and unrestrictedly liable for financial losses in accordance with the legal provisions.
The Property Damage Insurance helps you to defend these claims and reduces your cost risk.
Who is insured? strong>
You as the legal representative (managing director, executive board or supervisory board) of the company named in the insurance policy.
What is insured? strong>
Insured is the defense against claims for damages from a financial loss.
When and where are you insured? strong>
Insurance cover exists from the day after the application O clock in Europe. A restriction of the insurance cover to Germany or an extension to worldwide validity is possible.
What costs will be reimbursed? strong>
The coverage amount for the property damage legal protection is alternatively 500.000 EUR, 250.000 EUR or it can be arranged individually.
The following costs are covered:
extrajudicial attorney fees (up to 250 EUR hourly rate)
legal fees in the legal process
Travel expenses of the lawyer, including in out-of-court proceedings
Travel expenses at an arranged appearance in front of a foreign court
legal expert costs
In extra-judicial proceedings there is a deductible of EUR 2,500 per person for each legal protection case.
The insurance cover can be limited to the judicial interests.
Our tip strong>
The insurance contributions for the interest protection may be deducted from the tax