Five smart things to know about professional indemnity insurance

1. India's Best insurance comparison portal Five smart things to know about professional indemnity insurance Health Insurance | Term Insurance | Life Insurance Retirement Insurance | Child Insurance http://www.policyadvisor.in

2. 1) Professional indemnity insurance is required for qualified professionals like doctors, engineers, architects, lawyers and chartered accountants Health Insurance | Term Insurance | Life Insurance Retirement Insurance | Child Insurance http://www.policyadvisor.in

3. 2) It assures them towards any financial loss resulting from a claim due to unintentional errors and omissions committed by them while rendering professional service. Health Insurance | Term Insurance | Life Insurance Retirement Insurance | Child Insurance http://www.policyadvisor.in

4. 3) For this insurance to kick in, the condition is that the loss must be to a third party who has suffered bodily injury or property damage Health Insurance | Term Insurance | Life Insurance Retirement Insurance | Child Insurance http://www.policyadvisor.in

5. 4) Only civil liability claims are covered and any liability arising out of any criminal act or act committed in violation of any law or ordinance is not covered. Health Insurance | Term Insurance | Life Insurance Retirement Insurance | Child Insurance http://www.policyadvisor.in

6. 5) Professional bodies such as medical establishments, law firms, IT companies or financial institutions can also be covered. Health Insurance | Term Insurance | Life Insurance Retirement Insurance | Child Insurance http://www.policyadvisor.in

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