Professional Indemnity of Notaries
Under the terms and conditions of this insurance BULSTRAD VIENNA INSURANCE GROUP covers the liability of the INSURED for:
- claims for material damage incurred as a result of professional negligence on the part of the notary;
- damage caused by the assistant notary or the employees of the notary office during or in relation to their professional activity in accordance with the notary’s instructions;
- litigation costs or legal defense costs, in consideration of additional insurance premium.
In case the assistant notary is acting as a substitute notary, the insurance cover for material damage caused by the assistant notary shall be valid provided that the notary has given his/her written consent for the substitution in advance.
This insurance cover is valid for the territory of Bulgaria.