The insurance covers insured events in which the insured person is notified of the damage event during the term of the insurance contract (“claims-made theory”). If this is the case, damage can still be reported up to 5 years after the end of the insurance contract (extended reporting period). If your Professional Indemnity Insurance for Digital Professions has been terminated due to the permanent abandonment of the insured activity, damage events that are reported to the insured up to 5 years after the end of the insured activity (and are reported to the insurer within the extended reporting period) are also insured.