Others insurance


Professional Indemnity Insurance Policy

 

This insurance is specially designed to cover the legal liability arising out of the profession of the insured individual or the insured Company / Firm due to professional misconduct or acts of negligence / omission or commission resulting into monetary loss to insured’s clients.

 

RISKS COVERED

 

  • Legal liability arising out of the profession of the insured individual or the insured Company / Firm due to professional misconduct or acts of negligence / omission or commission resulting into monetary loss to insured’s clients.
  • Reimbursement of Legal costs & expenses to defend claims, if incurred with the prior consent and approval of insurers.

 

EXCEPTIONS (List is not exhaustive. Please refer to main policy.)

 

  • Claims arising outside the period of insurance or retro-active period of policy.
  • Any claim upto the amount of Excess imposed.
  • Any claim for personal injury due to libel, slander, defamation, false arrest, mental injury, anguish or shock arising therefrom.
  • Infringement of copy rights, patents, trademarks or other intellectual properties.
  • Any claim made fraudulently or with criminal or malicious intent.
  • Loss of data documents or trade information.
  • Death and bodily injury to anyone.
  • Fines, Penalties and similar damages
  • War & War-like situations, convulsions of nature, pollution risks etc.
  • Nuclear weapons and materials.

 

How to purchase?

 

For detailed information,

Call toll free : 800(628873) - Ext 123

email: property@oicgulf.ae