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Professional Indemnity

Professional service providers may become legally liable to pay for damages due to negligent act or errors & omissions during the discharge of their professional duties. While they may have to pay for awards of civil liability, there are additional costs of legal fees and legal expenses are also incurred to defend the claim.
Coverage
Medical professionals such as physicians, cardiologists, surgeons, and pathologists are given protection against legal liability claims made by the patients due to death or bodily injury.
Engineers and architects are protected against any legal liability that arises out of any mistake with regards to delivering designs, for providing defective constructional designs, or causing death to the third party.
For lawyers and accountants, the coverage is given for any legal liability claim due to the monetary losses to clients arising out of omission or mistake made from the insured’s end or by his paid employees
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