Professional Indemnity Insurance or Professional Liability Insurance covers civil liability protection for a company or its professional employees arising from the act of negligence, error and omission in the conduct of business.
Key benefits
- Broad scope of civil liability coverage
- Covers vicarious liability insurance for consultants, contractors, sub-contractors and agents.
- Defamation and Slanders
- intellectual property infringement.
- Loss of documents.
- Legal representation at inquiries and disbursement of legal fees incurred as cost of defence
- Environmental pollution
- Regional or worldwide jurisdictions
- High coverage limits.
- Retroactive cover
- Covers incoming and outgoing partners on unnamed basis
- Dishonesty of partners and/or employees
Exclusions
- Illegal act or malicious intent
- Pre-existing claims
- Any loss or damage claimable under other classes of insurance policy
The Special Markets we served
- Malaysian Bar Council Lawyers
- Accountants
- Auditors
- Company Secretaries
- Architects, Landscape architects and Interior Designers
- Engineers
- Property Managers
- Real Estate Agents
- Professional Appraisers and Valuers
- Land Surveyors
- Quantity Surveyors
- Pharmacists
- Print and Broadcast Media
- Advertisement Consultants
- Designers
- Electronic and Information Technology Consultants
- Web developers, web hosts and web designers
- Travel and Tour Agency
- Insurance Brokers and Agents
- Miscellaneous professions.
We are your local general insurance agent in Malaysia offering the best professional indemnity insurance policy from global leaders in the insurance industry. For enquiry, please contact us.