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

Comments

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...
A New Start in The New Year !!!!!!!!!!! Starting this year you will be able to find reviews on various Health insurance policies available. As such will help you decide on the one you will wish to have. It may be noted and informed that THE REVIEWS GIVEN BELOW ARE BASED ON PURELY PERSONAL OBSERVATIONS & DOESNOT INTEND ANY PROMOTION OR SALE OF ANY POLICY OR PRODUCT OF ANY INSURANCE CO. REVIEW ON APOLLO MUNICH HEALTH INSURANCE EXCLUSIVE POLICY ON DENGUE This policy is an exclusive product Covering Only DENGUE  introduced by Apollo Munich Health Insurance Company Limited. More on this policy..... The policy is available in two sum insured’s one is Rs.50000 and other is Rs.100000/- This policy covers in patient hospitalization due to dengue only for admissions more than 24 hours. This plan can be bought by age between 18 to 65 years. It is available only on individual basis not floater basis. if parents are getting covered they can get their ch...

OPTIMA RESTORE THE UNBELIEVABLE PLAN

OPTIMA RESTORE. A Unique & Unbelievable Innovation in Medical Insurance bought to you by M/s. Apollo Munich Health Insurance.  A must have for all those who desire medical insurance in their portfolio. This Plan Offer’s Maximum Financial Protection to one’s family in the hour of Health Crisis. WHY THIS PLAN IS A MUST HAVE IN ONE’S PORTFOLIO!! ?     LIFE LONG RENEWAL: Renew your coverage life long. ?     NO SUB LIMITS ON ROOM RENT: There are no sub limits or room rent capping under this plan. ?     NO CLAIM BASED LOADING: There is no loading on RENEWAL PREMIUM in case of claim . ?     50% CUMULATIVE BONUS (NO EXTRA CHARGE): In Event of CLAIM FREE YEAR OF POLICY THE NEXT YEAR THE SUM INSURED IS ENHANCED BY 50 % , FURTHER IN THE SUBSEQUENT YEAR AGAIN IF THERE IS NO CLAIM THE SUM INSURED IS ENHANCED BY ANOTHER 50%. THEREBY GIVING EXTRA PROTECTION TO THE FAMILY.WITH PREMIUM BEING CHARGED ON THE BASIC SUM I...