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Liability Insurance

Professional Liability Insurance, We offer General Third-Party Liability Insurance for various lines of business.

What Is Professional Liability Insurance?

A professional liability insurance policy helps cover you and your company if you make a mistake in your professional services. This type of professional liability coverage is also known as errors and omissions insurance or professional indemnity insurance.

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Professional Indemnity Insurance

The world in which professionals operate is one of ever-increasing pressure with demands for quick answers and cost-effective solutions. Working in such a stressful environment can result in errors and omissions by the professionals which may, in turn, result in a claim.

This factor together with the litigious nature of the society underscores the need for protection against potential lawsuits, both for clients and professionals. Some of the professionals generally exposed to these risks are doctors, architects, consulting engineers, tax consultants, lawyers, accountants, etc.

This insurance provides coverage against negligent acts, negligent errors, or negligent omissions committed by the insured arising out of the ordinary course of the performance of the professional services by the insured.

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FOR A QUOTATION, KINDLY SEND US THE FOLLOWING VALUES FOR WITH A BREAKUP BETWEEN YOUR:

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DESIGNERS, ARCHITECTS, AND CONSULTANTS GENERALLY REQUIRE TWO TYPES OF COVERS:

1

Annual Professional Indemnity Insurance

is professional liability insurance that provides coverage for 12 months.

2

Single Project Professional Indemnity Insurance

is professional liability insurance that is arranged around the lifecycle and needs of a specific project.

LIABILITY PRODUCTS OF INTEREST TO OTHER PROFESSIONALS INCLUDE

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STOCKBROKERS PROFESSIONAL INDEMNITY

is professional liability insurance that is designed to offer protection to stockbrokers against financial losses suffered during their operations.

The protection covers