PROFESSIONAL LIABILITY OF REGISTERED AUDITORS

PROFESSIONAL LIABILITY OF REGISTERED AUDITORS covers the liability of registered auditors for material damage caused to their trusts, which are a direct and immediate consequence of their guilty actions or omissions in carrying out an independent audit of the financial statements of enterprises.

Minimum limits – for one claim 5 000 BGN, for all claims – BGN 10 000

Typically, insurers apply a self-participation of 10% of the insurance amount.