Professionals like architects, engineers, doctors, lawyers, chartered accountants, and medical practitioners, and services such as medical establishments need to protect their business interests against legal claims for error, omissions, professional neglect for both the principles and their employees. The Friend Digital 24 Professional Indemnity Insurance Policy comprehensively covers them for all legally established claims arising from the covered perils. Professional indemnity insurance is designed to cover the cost of any claims made against your company by a client for any losses they suffer because of your work or advice. It is usually included as part of your general business insurance policy.
Policies issued shall cover all sums which the Insured becomes legally liable to pay as damages to Third Party in respect of Errors and or omissions on the part of the Insured whilst rendering professional services, arising out of claims first made in writing against the insured during the policy period, including legal costs and expenses incurred with our prior consent, subject always to the limits of indemnity and other terms, conditions and exceptions of the policy