This cover will provide indemnity against legal liability for negligent acts, errors, and breach of duty or omission arising out of course of professional activities. Costs and expenses incurred are also covered
It is not uncommon for professionals like Consultants, Architects, Doctors, Surveyors etc., to be dragged into the courts for alleged negligence, errors and/or omissions in the course of discharging professional duties.
Extensions on this cover are available for libel & slander, loss of documents and dishonest acts of employees.
To summarize Professional Indemnity covers:
• Liability arising out of errors and omissions .
• Covers Legal expenses.
• Cover for third party liability
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