Financial loss refers to situations in which neither a person nor a thing suffers direct damage, but financial loss is caused to another person through culpable behaviour. A distinction is made between “pure” financial loss and property damage or consequential damage to persons as consequential financial loss. Pure financial loss (example): By accidentally deleting a call centre's database the employees are unable to go about their jobs. The effort involved in retrieving the information as well as the downtime until the reconstruction of the database causes considerable costs. Consequential financial loss (personal injuries / consequential damage to property): In the case of consequential damage, however, the financial loss only arises due to the damage to a thing. An incorrect connection of several hardware components causes overheating and thus damages a newspaper printing press. If this means that the next newspaper issue cannot be printed and delivered on time, this thus results in further financial loss (in this case as consequential property damage). Binding definition in the conditions of exali.com’s professional indemnity insurance: In order to avoid delimitation problems, we define the financial loss in the conditions of Professional Indemnity Insurance for Digital Professions as follows: ‘Financial loss is damage that is neither personal injury (killing, injury to the body or damage to the health of people) nor property damage (damage, spoilage, destruction or loss of things, in particular money and pecuniary symbols), nor does it result from such damage. The loss, modification or blockage of electronic data is also considered to be financial loss.’