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
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