Liability insurance
Liability insurance for interpreters and translators
As an interpreter or translator, you play a crucial role in communication between different languages and cultures. However, this role comes with certain risks. A small mistake, such as an inaccurate translation in an important document such as a medicine leaflet, can have serious consequences.
It is therefore extremely important that you have appropriate liability insurance. Such insurance provides financial protection not only for the cost of legal defense, but also for potential claims for damages. This allows you to continue to do your important work with confidence, knowing that you are protected against any professional risks.
The possibilities
NGTV members have a choice of two insurance options:
Option 1: Business liability + Professional liability Coverage A
- Annual premium: €405
- Includes world coverage (excludes USA/Canada, but includes business travel to the USA)
- Sum insured: €2,500,000 per claim/€5,000,000 per year for corporate liability and €250,000 per claim/€500,000 per year for professional liability. For the US, the insured amount is €250,000 per claim/year.
- Excess: €250 per claim for property damage
Option 2: Business liability + Professional liability Coverage B
- Annual premium: €475
Includes world coverage (excludes USA/Canada, but includes business travel to USA/Canada) - Sum insured: €2,500,000 per claim/€5,000,000 per year for corporate liability and €500,000 per claim/€1,000,000 per year for professional liability.
- For USA/Canada, the insured amount is €250,000 per claim/year.
- Excess: €250 per claim for property damage
- The premiums assume a maximum annual turnover of €250,000. For higher turnovers, premiums may be adjusted. We will inform you of this in advance.
Note: Claims from USA/Canada are subject to a deductible of €750 per occurrence.
Free 'properly insured' check?
As a member of NGTV, you can request a free, no-obligation Goed-Verzekerd-Check. Together we will look at your current insurance policies, their coverage and policy conditions. And, of course, whether you can save on your premium. For all your questions about:
Team Zeker voor Ondernemers
T: 010-288 44 44