The Professional Indemnity (PI) cover provides indemnity against legal liability (including legal costs and expenses) for negligent acts, errors, breach of duty or omission arising out of professional activities.
The PI cover can be taken by firms or professionals rendering professional services like Architects, Consultants, Chartered accountants, Engineers, Software companies, Lawyers etc.
The policy can be taken as an annual policy or for specific projects
Covers legal liabilities to third parties arising out of the business operations
A wider form of legal liability coverage to include third party/product/pollution liability, etc.
Covers legal liability to third party caused by products sold or supplied by the insured
Insurance to compensate the insured employees in respect of any bodily injury, disease, illness or death suffered in the course of employment
Covers legal liability incurred by individual directors and officers resulting from their negligence while performing their duties of running the organisation
Covers the errors and omissions of medical professionals and institutions