Insurance
Professional Liability Insurance for the Individual falling under Art.171 of the Spatial Development Act (SDA)

What is "Professional liability insurance for participants in the design and construction of a specific project (under Article 171 of the Spatial Development Act)"?

• Compulsory insurance that covers your professional liability in your capacity as a designer, builder, consultant, a person exercising construction supervision and a person exercising technical control over the "Structural" part to third parties and other participants in the construction if they suffer as a result of your wrongful act or omission.

Insurance coverage:

Your professional liability for damages caused by you to other participants in the construction and/or to third parties as a result of unlawful actions or omissions committed in or in connection with the performance of your professional activities, based on written claims first made during the term of the insurance contract for:

• your unlawful actions or omissions committed during the term of the contract;
• your unlawful actions or omissions committed in the period from the retroactive date to the conclusion of the contract;
• reasonable expenses incurred by you to limit the damage, when you have acted with the necessary care for the case, even if your efforts have been unsuccessful;
• legal costs in cases against you in connection with insured events covered by the insurance, provided that we have been involved in the proceedings as a third party intervener, where permitted by law;
• your insurance provides protection in relation to all investment projects or construction sites in connection with which you have carried out your professional activities after the retroactive date specified in the policy;
• for legal entities - we also cover the liability of the persons who represent you, the persons in employment relationships with you, and those persons to whom you have assigned the performance and included them in the insurance contract;
• the limits of liability for each insured event and for all claims during the term of the insurance are agreed between the parties in the insurance policy and cannot be lower than those established by law for the specific type of activity.

What are my obligations?

Upon conclusion of the contract:

• to answer all questions asked by us when concluding the insurance contract, providing us with accurate, true, and comprehensive information;
• to pay the insurance premium or the first installment thereof, in case of agreed deferred payment.

During the term of the contract:

• take the necessary measures to prevent events that may lead to the occurrence of an insured event covered by the insurance contract;
• to notify us immediately as soon as you become aware of any circumstances that increase the risk and of any changes or new circumstances that we asked about in writing when concluding the contract;
• if the premium is deferred, to pay the individual deferred installments on the due dates specified in the policy.

Upon the occurrence of an insured event, except in cases of actual impossibility:

• notify us in writing, in the event of an occurrence, within the agreed time limits;
• submit a written notification, in accordance with the template, to our office and provide the necessary documents when filing a claim;
• take all reasonable measures to prevent, limit, or reduce the damage, as well as to clarify the amount of the loss or damage;
• not acknowledge, satisfy, or reject any claims without our prior written consent;
• provide us with all necessary documents proving the occurrence of the insured event and the amount of damage;
• notify us immediately in writing if a lawsuit (claim) for damages has been filed against you and involve us in the proceedings;
• notify us if you have other insurance covering your liability.