About Professional Indemnity

This insurance provides indemnity to the Organization for sum or sums which the organization may become legally liable to pay to third parties arising from any claim or claims made against the organization for bodily injury, property damage and/or any direct financial loss as a direct result of any negligent act, error or omission in the professional conduct and execution of the professional activities and duties by the organization

Providing coverage against organization’s legal liability for error or omission and negligence

Benefits

• Benefits
• Requirements

Covers the error or omission which leads to bodily injury, property damage and or direct financial loss while performing the professional activities

Professions like Accounting Firms, Law Firms, Financial Institutions, Hospitals and Architectural & Engineering Firms can avail benefits of this insurance or any other occupation which are professionally qualified in performing duties as per their academics are also eligible to obtain the benefits of this coverage

Covers the cost and expenses resulting from the defense and/or settlement of any claim

In order to avail the benefits of Professional Indemnity Insurance, the businesses are required to furnish the following information/documents:

Proposal Form

Duly filled, signed, stamped, titled and dated proposal form. The proposal form can be obtained by contacting any of our offices

Limit of Indemnity/Insurance

Loss history for the 5 to 10 years atleast

Annual Financials for 2 to 3 years atleast and company profile

Note:

The above is the basic list of requirements and we may ask further information if required.