Professional Indemnity Insurance
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Professional Indemnity Insurance
Professional Indemnity Insurance is effected to protect professional persons who supply a skill or service and owe a duty of care to their clients.
The policy will indemnify in the event of any breach of professional duties or responsibilities by reason of any negligent act, error or omission wherever committed or alleged to have committed by the Insured or any person who may enter into the firm insured in a professional capacity or any person employed by the Insured. The policy will also pay cost and expenses incurred with the written consent of the company in the defense or settlement of any such claim.
Indemnity for breach of Professional Duty by reason of any negligent act, error or omission. This insurance is designed for professionals including amongst others, Engineer, Architect, Accountant, and so forth.