Professional Indemnity Insurance

Professional Indemnity insurance covers professionals against errors and omissions made during the term of their service. It has a Retroactive period on continuous renewal of policy, i.e., it makes any claim made after the introduction of a policy payable under this cover, even when such as claim is made during subsequent renewals of contracts.

Professional Indemnity insurance covers costs associated with regulatory hearings, including defense costs etc.

It also pays out any damages or settlements.