The person exercising technical control under the “Constructive” part of the investment projects for which no consultant assessment has been performed

What coverage does insurance provide?

This insurance provides protection in case of compensation claims by a third party injured as a result of unlawful actions and/or omissions on the part of the insured in the exercise of his professional duties. The insurer indemnifies as pecuniary damages (complete or partial damage of movable and immovable assets) and non-pecuniary damages (death or bodily injury suffered by individuals) that occurred during the insurance term. Where the action is brought by a court, the costs shall also be included in the indemnity if the insurer has participated in the proceedings.

Claims are indemnified on the basis of claims submitted for the first time in writing during the term of the insurance, provided that the actions or omissions of the insured that caused the damage occurred after the start date of the insurance or after the retroactive date entered in the policy.

Insurance coverage covers not only the period of insurance (which is usually 1 year), but also damages from acts or omissions of the insured before the conclusion of the policy. For this purpose, the insured declares the date from which he started his professional activity as a designer, builder, etc. This date is defined as a retroactive date on the policy and may cover a period of up to 5 years before the start date of the policy itself.