Why Professional Indemnity
Professional Indemnity Insurance provides liability cover to professionals against claims that may arise as a result of errors, omissions, misrepresentation or negligent advice provided in the course and scope of their professional services or malpractice.
Professional – An occupation or job that needs special knowledge, e.g. law, engineering, medicine, teaching etc.
The cover may extend to also cover: loss of documents, dishonesty of employees, defamation, partners’ previous business and outgoing partners.
Who is covered?
All professionals who have the following characteristics:
- Have gone through a specialized training
- Require qualifications required to practice work
- Are highly educated