Errors & Omission Liability

Cover – this policy is meant for professionals to cover the LEGAL liability falling on them as a result of negligent acts, errors and omissions in the performance of professional service.

The policy is meant to pay both for defence expenses and damages and includes amounts that the insured is legally required to pay because of judgments, arbitration awards or the like rendered against the insured, or for settlements negotiated in accordance with the coverage afforded by the policy.

The cover will be operative only for the works executed in the policy period. Liability for bodily injury and property damage claims do not fall under this insurance (a separate Public Liability policy would be required)

CUSTOMERS
Professionals such as Doctors, medical practitioners, Engineers, Architects, Lawyers, Advocates, Chartered Accountants and Medical Establishments can avail of such covers.

Group Policies with group discounts on premium can also be arranged.

Customised Policies for sophisticated and special liabilities relating to Companies such as IT, BPOs, Media Companies, Consultants and Law firms can also be arranged.