Professional Indemnity Cover

What is the Professional Indemnity Cover?

This package helps cover individuals involved in professions that may possess a high level of financial penalty for the individuals in cases of alleged or actual errors, negligence, omission, erroneous commission or mistake occurring or alleged to have occurred on the part of the insured or those acting on his behalf.

It also provides cover to professionals whether individuals or firms against legal liability to pay damages to persons who may incur financial loss or sustain personal injury due to the professional negligence to the firm.

Here is a summary of what it can cover*

Legal liability for consequence of alleged or actual errors, negligence, omission, erroneous commission or mistake occurring or alleged to have occurred on the part of the insured or those acting on behalf of the Assured in the services rendered or which should have been rendered to a client.

This also covers technical staff of the insured or professionals in such practices as;

  • Law
  • Engineering
  • Architecture
  • Information and technology
  • Medicine
  • Insurance brokerage
  • Accountancy

* Terms and conditions apply.

This policy does not cover the following*

  • Any criminal act criminal act committed while in violation of any law or ordinance by employee, employer, director, partner or predecessor in business of the Insured
  • Nuclear, radiation and related risks
  • War and related risks
  • Services rendered while under the influence of intoxicants or narcotics
  • Any services given by other person not engaged by the Insured for the provision of professional services

* Terms and conditions apply.