Professional Liability insurance covers professionals for claims made against them for economic losses flowing from the services that they provide to their clients. It provides financial protection to meet the costs of defending legal actions and any damages that may become payable.

Intended for:

  • Lawyers
  • Accountants/ Auditors
  • Insurance Brokers
  • Real Estate agents/ Property management companies
  • Management consultants
  • Architects and Engineers
  • Information technologies companies, Software development companies etc.
  • Outsourcing providers
  • Advertising agencies; PR agencies
  • Others

Covered risks:

  • Professional Liability for negligent errors and omissions
  • Breaches of Privacy legislation
  • Breaches of Intellectual property Rights
  • Unintentional Libel and Slander
  • Dishonest Employees stealing from a Client
  • Defense Costs for defending any legal action

Competitive advantages:

  • Automatic Cover for New Subsidiaries
  • Court Attendance Costs
  • Extended Reporting Period upon expiry of the Policy
  • Cover for Lost or Damaged Documents