Business/Legal Liability Insurance

[Shamil]

Hi,

I am a new sole entrepreneur in the IT industry.

My client has asked me to get the following insurance:
"A copy of the policy schedule of the adequate insurance taken out by you to cover his legal and contractual liability (including professional and business liability)".

I have found 3 different types of insurance which could fit the above description:
1) Business liability insurance

2) Business legal expenses insurance

3) Professional indemnity insurance

 

Could you please tell me if I need to take one or more from the above list?

Thank you in advance!

Kind regards,
Shamil

 

[Jeroen Kisters RPLU ARe]

Hi Shamil,

 

Welcome on HL!

 

You need 1) and 3) which can be combined in NL. 2) is included in the combined PI/GL. GL stands General Liability and is another name for business liability insurance.

 

If you use the terms 'beroepsaansprakelijkheidsverzekering' or professional indemnity insurance or professional liability insurance on this forum or Google you'll find several options i.e., providers.

15 augustus 2023 aangepast door Jeroen Kisters RPLU ARe

[Shamil]

Hi Jeroen,

Thank you very much! After posting it, I indeed found several posts on this forum and found the websites where I can purchase them. I was just unsure if I still needed business legal expense insurance as well.

Thank you again!

Kind regards,
Shamil