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Professional Indemnity Insurance for Syndics

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Professional Indemnity Insurance for Syndics

This is a compulsory insurance. It is designed for all natural persons appointed syndic (trustee in bankruptcy), receiver or official syndic under a specific insolvency procedure.

Risks covered:

  • all sums which the Policyholder is legally bound to pay to third parties as compensation for material damages resulting from culpable neglect of the Policyholder’s obligations;
  • benefits forgone of a third party which are the result of delict;
  • default interest rate when the Policyholder is liable to pay it to the injured party;
  • legal expenses. 

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