Pure financial loss definition
Pure financial loss means pecuniary loss, cost or expense incurred by any person other than the Assured or an Employee not consequent upon Advertising Injury, Bodily Injury Personal Injury and/or Property Damage.
Pure financial loss means any financial claim which is measurable in monetary terms and neither occurred in consequence of a Bodily Injury nor Property Damage. Claims may include a breach of law, duty or confidentiality, dishonest or fraudulent act by employees, patent infringement etc.