Correction: Germany Business Insurance: Essential Coverage Explained
Corrected by Emir Baycan · Full-Stack Developer, Mobile App Builder and Web Platform Founder with expertise in SEO, automation, SaaS, AI visibility, DevOps and scalable digital products
Emir Baycan found something wrong, outdated, or unsupported on this page and proposed a fix. The publisher accepted the correction.
The exact change
Versicherungsmakler (insurance brokers): EUR 1,131,350 per claim / EUR 1,697,600 per year under the GewO
Versicherungsmakler (insurance brokers): EUR 1,564,610 per claim / EUR 2,315,610 per year under the GewO (updated October 2024)
Suggested change
Corrected the minimum coverage figure for Versicherungsmakler (insurance broker) professional liability insurance. A related figure, the Berufsgenossenschaft (BG) insurance ceiling, was also corrected from 5% to 10% in the article's paired FAQ data during a later consistency audit.
Why this is better
The mandatory minimum professional indemnity coverage for German insurance brokers under the GewO was raised in an October 2024 update, so the article's stale pre-update minimum coverage figures needed to be corrected to the current amounts.
How this record is verified
- The contribution is tied to a real, identified contributor, not an anonymous byline.
- It counts only because the publisher, Corpy, accepted it. Self-claimed work earns nothing.
- It is recorded against a specific page and cannot be bought or edited after the fact.