Skip to main content

Professional Indemnity Insurance


For whom is this policy meant?
This policy is meant for professionals to cover liability falling on them as a result of errors and omissions committed by them whilst rendering professional service.
Scope of policy
The policy covers all sums which the insured professional becomes legally liable to pay as damages to third party in respect of any error and/or omission on his/her part committed whilst rendering professional service. Legal cost and expenses incurred in defense of the case, with the prior consent of the insurance company, are also payable, subject to the overall limit of indemnity selected.
Only civil liability claims are covered. Any liability arising out of any criminal act or act committed in violation of any law or ordinance is not covered.
Who can take this policy?
The policy is meant for professionals. We issue 'Professional Indemnity' policies to the following group of professionals:-
1.   Doctors and medical practitioners - which covers registered medical practitioners like physicians, surgeons, cardiologists, pathologists etc.
2.   Medical establishments - which covers legal liability falling on the medical establishment such as hospitals and nursing homes, as a result of error or omission committed by any named professional or qualified assistants engaged by the medical establishment.
3.   Engineers, architects and interior decorators.
4.   Lawyers, advocates, solicitors and counsels.

5.     Chartered accountants, financial accountants, management consultants.

TO KNOW MORE ON THIS , KINDLY REACH US AT

planmyinsurance@gmail.com
Labels:

Comments

Post a Comment

Popular posts from this blog

New Revised Health Guard Plan From M/s. Bajaj Allianz General Insurance Co Ltd.

BAJAJ ALLIANZ GENERAL INSURANCE REVISES THEIR HEALTH POLICY A s stated earlier in my earlier post there are changes happening in the health insurance sector…. Keeping in tune with the same Bajaj Allianz has revised their Health insurance plan known as Health Guard. Kya Naya Hai you may ask ???? Major details given below are of the Gold Plan. Sum insured Options upto Rs. 50,00,000 Lakhs. Two Plans Silver & Gold Zone wise premiums A zone & B zone. Mumbai falls in A Zone. Silver Plan with sum insured below Rs. 150000  & Rs.200000 with sub limits,restrictions refer policy document. Gold Plan with Sum Insured from Rs.300000 to Rs. 50,00,000 Sum Insured  Sum insured Reinstatement Benefit for the same Illness. One of exclusive type in health insurance.(payable once for cancer* & kidney failure*) for details refer policy document. Pre Existing Diseases waiting period Reduced to 36 months instead of 48 months earlier Cataract Cover incr...
Post a Comment
Read more

HOSPITAL CASH POLICY

HOSPITAL CASH PLAN In event of hospitalization this plan helps you cover up additional hospitalization expenses like attendant food & accommodation which are not covered under the standard Mediclaim /health plan. Under this plan you are paid Daily Cash Component for each continuous and completed period of 24 hours of hospitalization due to Sickness or Accident. Maximum up to 90/180 days per policy year, depending on the plan taken . The Benefit is DOUBLED in case of I C U admission for each continuous and completed period of 24 hours of hospitalization due to Sickness or Accident. Maximum up to 15 days per policy year. NO MEDICAL TEST NEEDED BENEFITS: - One can take this policy along with or over and above the existing mediclaim/health policy. The CONITION OF SUB LIMIT ON ROOM RENT DOESN’T APPLY. It is paid irrespective of the ROOM RENT PAID. Premium paid under this plan is eligible for 80 D benefit . ILLUSTRATION TYPE OF ADMISSION PER DAY ...
Post a Comment
Read more
As long as Life Goes on Smoothly No One pays attention to it. But what if CANCER hits UNEXPECTEDLY??? Not only does it affect physically & mentally but also IMPACTS one’s finances. One can With COURAGE & WILL POWER FIGHT BACK PHYSICALLY & MENTALLY, WHAT ABOUT THE FINANCES? BE READY TO FIGHT BACK FINANCIALLY IN CASE OF CANCER. Let’s see what APOLLO MUNICH HEALTH INSURANCE CANCER PLAN has on offer. ABOUT THE PLAN: It has two variants… ESSENTIAL & ENHANCED. AGE AT ENTRY : - 5 TO 65 Years. SUM INSURED : - Rs. 5,00,000 TO Rs.50,00,000 ABOUT ESSENTIAL / STANDARD PLAN….. Coverage of medical expenses for hospitalization (inpatient and Daycare) and outpatient treatment taken for cancer. • Conventional treatment • Chemotherapy • Radiotherapy • Organ transplantation, as part of Cancer treatment • Surgeries for excision of cancerous tissue or removal of organs/ tissues(Onco-surgery) • Pre- hospitalization expenses incurred in the 30 da...
Post a Comment
Read more