Product Details
Professional Indemnity Policy
Pune
A Quality Product from
THE NEW INDIA ASSURANCE CO. LTD. [View Profile]
Pune - India
Description :
This policy is meant for professionals to cover liability falling on them as a result of errors and omissions committed by them whilst rendering professional service.
The policy offers a benefit of Retroactive period on continuous renewal of policy whereby claims reported in subsequent renewal but pertaining to earlier period after first inception of the policy, also become payable.
Group policies can also be issued covering members of one profession. Group discount in premium is available depending upon the number of members covered.
Scope
The policy covers all sums which the insured professional becomes legally liable to pay as damages to third party in respect of any error and/or omission on his/her part committed whilst rendering professional service. Legal cost and expenses incurred in defence of the case, with the prior consent of the insurance company, are also payable, subject to the overall limit of indemnity selected.
Only civil liability claims are covered. Any liability arising out of any criminal act or act committed in violation of any law or ordinance is not covered.
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THE NEW INDIA ASSURANCE CO. LTD. deals in :
We insure all types of Non Life Covers. PERSONAL :- • Pravasi Bharatiya Bima Yojana Policy • Health Plus Medical Expenses Policy • Mediclaim Policy • Personal Accident Policy • Overseas Mediclaim Policy • Householders Policy • Motor Policy • Bhavishya Arogya Policy • Money Insurance • Rasta Apatti Kavach (Road Safety Insurance) • Suhana Safar Policy • TV/VCR/VCP Insurance • Mobile/Cellular Phone Insurance • Other Personal Insurance COMMERCIAL :- • Jewellers Block Policy • Bankers Indemnity Policy • Shopkeepers Policy • Marine Cargo Policy • Plate Glass Insurance • Special Contigency Policy • Neon Sign Insurance • Multi Peril Policy for L.P.G. Dealers • Fidelity Guarantee Insurance Policy • Marine Hull Policy • Aviation Insurance INDUSTRIAL :- • Fire Policy • Burglary Policy • Machinery Breakdown Policy • Electronics Equipment Policy • Consequential Loss Policy • Contractors All Risk Policy • Marine cum Erection / Storage cum Erection Policy • Advanced Loss of Profit / Delay in Startup Policy • Contractor Plant and Machinery Policy • Mega Package Policies LIABILITY • Public Liability Policy • Products Liability Policy • Professional Indemnity Policy • Directors and Officers Liability Policy • Lift (Third Party) Insurance • Employers' Liability Policy • Carrier's Liability Insurance • Liability Insurance Act Policy • Golfers Indemnity Insurance SOCIAL :- • Universal Health Insurance Scheme • Jan Arogya Bima Policy • Raj Rajeshwari Mahila Kalyan Yojana • Bhagyashree Child Welfare Policy • Janata Personal Accident Insurance • Student Safety Insurance • Ashrya Bima Yojana • Rural Insurance
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