Professional Indemnity Insurance
Professional Indemnity cover is an insurance solution for lawyers, architects, engineers, accountants, doctors and similar category of professionals against omission and error claims that might arise during the course of offering their services to their clients.
Professional Indemnity insurance will aid against a client’s claims of misrepresentation, malpractice, negligence and errors or omission. It will provide the professional’s and the business they are associated with, a safety net to cover their legal costs or pay for the correction of a mistake. Availing such policy will prevent an adverse impact of such claims on the company’s balance sheet, protect the professional’s against damage to their reputation, and the professionals stays indemnified in case of an allegation.