Professional Indemnity Insurance
Overview
You are covered if you provide any professional service involving specialist knowledge or expertise and for complaints made against you to a professional body. You are also covered against civil liability for professional negligence, breach of contract, misrepresentation, breach of the Fair Trading Act, defamation, unintentional breach of intellectual property rights, and dishonesty of employees.
Coverage Benefits
Broad civil liability policy
"Any one claim" Limit
Excess Exclusive of Defence Costs
Defence costs are provided in addition to the policy limit
Vicarious Liability
Defamation
Intellectual Property
Dishonest or Fraudulent Employees
Loss of Documents
Compensation for Attendance
Quasi Judicial
Fair Trading Act
Continuous Cover Applied to Prior Policy
Estate Extension
Marital and Domestic Partner
Loss Mitigation
Joint Ventures and Partnerships
Contractual Liability
Claims Preparation Costs
Cyber Liability
Emergency Defence Costs
Extended Reporting Period
Fee Refund/Contractual Fees Licensee
Intellectual Property Rights Patent Extension
Project Delay
Public Relations Expenses Automatic Renewal
Additional Insured
Inter-related Entities Coverage
Territory/Jurisdiction
Worldwide
Target Segments
Architects, Engineers and Construction risks
IT, Telecoms and Media companies
Insurance Brokers and Agents
Management Consultants
Surveyors
Accountants
Solicitors and Barristers (excess of $10m only)
Educational institutions
Travel agents
Recruitment firms
Many other miscellaneous risks
Capacity
Up to $25m, any one claim
Primary & Excess
