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Worldwide Cover
Errors and omissions insurance offers worldwide cover including in the U.S. and Canada. Any claim arising due to work done around the world will be covered thus protecting your business worldwide.
Comprehensive Policy
Professional indemnity insurance offers coverage for a range of risks associated with your profession such as loss of data or documents and breach in confidential information which may result in legal proceedings
Covers Sub-Contractors
Professional indemnity insurance offers protection to sub-contractors, consultants and other contractual staff. A company’s subsidiaries, current and past employees are also covered under the insurance.
Affordable Premium
The premiums for professional indemnity insurances are reasonable.Premiums depends on the coverages taken when designing the insurance.
Errors and omissions insurance, also known as professional liability insurance covers the insured against any litigation resulting due to professional negligence, errors and omissions in service, or any wrongful act. Policy will indemnify the cost involved in legal liabilities such as defence cost, judicial rewards and settlement costs.
Copyright infringement means using any copyrighted work of an individual or a company without their permission. Errors and omissions insurance has add on cover called IPR infringement which covers the claim arising from the violation of copyright law, which can be due the use of images, slogans, designed work, research, without the permission of its owner.
Errors and omissions policy will pay for the costs, fees and expenses incurred during investigation and trial period. It would include lawyer and legal representative fees and in some case settlement costs. Expenses of your representation at court, inquiry or any other proceeding which have direct relevance with any claim arised is also covered under liability insurance
Any criminal, intentional, fraudulent, willful and malicious activities are not covered under the professional indemnity insurance. Also, bodily harm to any person and damage to the property is also generally excluded from the policy. Further, punitive fines, penalties or damages are not covered. Lastly, claims occurred prior to policy period are also excluded from the policy.
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