Professional Indemnity insurance is a kind of insurance that is mainly designed to shelter professionals from claims made against them by clients. This would make perfect business sense to you if you are an Architect, Engineer, Doctor, Lawyer, Chartered Accountant, Medical Practitioner, Mortgage Intermediary, Insurance Broker or a Financial Adviser. Also a service industry like a medical establishment would require this cover to protect the business interests against legal claims for error, omissions, professional neglect for both the principles and their employees. Scores of Consultants, Advertising and PR agencies and Designers also choose to go in for this type of insurance.
- Negligent civil act, civil error or civil omission by the Insured on or after the Retroactive Date and solely in the performance of the Professional Services
- Defense Costs
Please refer to the Policy Wordings for the complete coverages, exclusions and
terms and conditions of the policy.
* Conditions apply.