Professional Indemnity
RISK COVERED:
Professional Liability/Indemnity is protection for professionals to cover liability as a result of errors and omissions they commit during the course of their work.
It covers mainly:
Alleged or actual negligence
Defense costs
Personal injury
Temporary staff and independent contractors
Claims arising from services provided in the past
Claims and damages
-
Extensions:
N/A -
Pre-requirement:
Broker of Record
Commercial Registration
Wassel /National Address
VAT Certificate
Proposal Form
3 years claims experience
A declaration letter if first time insurance
A Copy of Contract (Single Project)
3 years Audited Financial Reports in English