PROFESSIONAL INDEMNITY

WHAT DOES IT COVER
The professional indemnity covers the liability of the professional for the payment of damages arising out of negligence either by the insured or his servant, assigns or agent. The policy therefore assures the professional of continuity of his or her business and freedom from anxiety.

CLASS OF COVER
Professional indemnity insurance is useful to every professional man/ woman such as Doctors, lawyers, Pharmacists, Architects, Accountants, Insurance Brokers, Agents etc.

HOW TO TAKE THE POLICY
1. Proposal Form is completed to disclose information, Identification etc. for special underwriting considerations.
2. Premium is rated on the number of persons engaged and the limited of Indemnity.

RENEWAL
The insurer negotiates a new contract each year.

CLAIMS PROCEDURE
The keynotes in dealing with claims in general especially Personal Injury are:-
1. Prompt and thorough investigation.
2. Settlement as early as possible

NOTIFICATION
The policy condition requires immediate notice by the insured of an accident, in order that they suffer no prejudice in investigation.