Professional Indemnity We use the term professional indemnity as an umbrella term in order to take into account the consistent orientation of the insurance towards activities in the IT, media and consulting sectors. Components of Professional Indemnity Insurance 1. Financial Loss Indemnity or Professional Indemnity Insurance Our Professional Indemnity Insurance for Digital Professions essentially consists of two types of insurance or insurance modules. The most important component, which insures the professional risks of freelancers and the self-employed, is called financial loss indemnity. Therefore, professional indemnity insurance is in principle to be assigned to financial loss indemnity insurance. Since the synonym professional indemnity insurance is also used for the coverage of financial loss indemnity insurance for freelance professions (e.g. authors, photographers, etc.), Professional Indemnity Insurance for Digital Professions is also referred to as professional indemnity insurance for freelancers and self-employed persons. 2. General Liability Insurance Professional Indemnity Insurance for Digital Professions also insures personal injury and property damage resulting from the operation of an office and work on site at the principal. This insurance component is called general liability insurance. Deselection of General Liability Insurance The general liability insurance module can be deselected in the premium calculator. We only recommend doing so, however, if you already have existing generalliability insurance. In the long term, however, you should integrate general and personal liability insurance into Professional Indemnity Insurance for Digital Professions. Professional Indemnity Insurance for Digital Professions combines the following insurance components described above: Financial loss indemnity insurance for the protection of pure financial losses General liability insurance for the protection of personal and property damage as well as consequential financial loss