Professional Indemnity Insurance is specifically designed for engineers, medical practitioners, doctor, lawyers and chartered accountants. This policy covers their liability towards their clients for any damages resulting due to professional neglect, legal claims, omissions, etc. The key benefit of this insurance policy is, it provides exhaustive coverage for all perils/risks.
This insurance policy indemnifies the insured against their liability w.r.t physical loss or destruction to goods, while in transit whilst under their possession. It starts with the loading of cargo on the vehicle and remains in force until unloading of cargo at the discharge point.
Product Liability Insurance indemnifies insured against the damage caused by third party due to use of product sold to them.
As a company director, one is legally liable to oversee the activities of the organization he/ she serves. This insurance cover protects directors from loss, stemming from mergers and acquisitions, omission, breach of duty or false statements. Moreover, if the insured is also the owner, director or an executive, then he/ she is exposed to legal action that may jeopardize their financial safety. Hence, it is crucial to get adequate protection cover.
Workmen Compensation Insurance is a double-edged sword. It protects employer from threats of hefty compensation and expensive lawsuit, while it helps employees in medical emergencies. This policy entails statutory liability of employer to pay employees for death or bodily injury arising during the course of employment.
Contact Us if you want to protect your organization from legal threat and statutory liabilities. We proffer you policies that make you concentrate on business, rather than risks.