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• Coverage, limited up to an amount by the agreement, regarding
claims born during the term of the agreement, which may relate
to incidents occurring before the agreement or during the term
of the agreement.
The Risks Excluded from the PLI’s Cover
The Communiqué regulates the certain kind of risk excluded from
the PLI in detail. Thus, the following circumstances are not covered:
• Claims arising out of the activities of the insured party, other
than his professional activities prescribed under the policy that
are limited by law and ethical rules,
• Any conduct or incident intentionally performed by the insured
party during his professional activity,
• Incidents caused by use of alcohol, drugs or narcotics by the
insured party or its employees during the conduct of their pro-
fessional activity.
The Communiqué separately prescribes the incidents, compensa-
tion claims and payments out of the scope of the coverage. However, it
is also regulated that these issues may be covered under the insurance
by an agreement on the contrary between the parties.
According to this, incidents that will be excluded from the cover-
age, unless there is an agreement on the contrary are mentioned here-
in below:
• The loss of any written, printed or copied documents that are
computer based or electronically storable or any other informa-
tion or equipment that is under the supervision and control of
the insured party,
• Any lawsuits initiated before the courts other than Turkish
courts and arbitration,
• Any kind of unfair competition.
Compensation claims that will be excluded from the coverage,
unless there is an agreement on the contrary are listed herein below:
MISCELLANEOUS
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