Professional indemnity insurance saves any professional from any sudden arises third party claims that may cause a heavy financial loss. This unique method of insurance package offers a great relief and security for professional to practice freely and with no tensions and worries in mind. There are many reasons for which professional insurance can be taken and the reasons which may cause heavy loss for a practicing professional. Here are the few reasons that may cause a real problem in any situation:
• Libel & Slander
• Downloading of viruses to third parties
• Malicious falsehood
• False attribution of authorship
• Passing off copyright or trademarks
• Intellectual property rights
• Breach of Confidentiality
• Breach of normal rights
• Negligent statements
So, if you are a professional and wanted to get rid of any such problems, taking a customized professional indemnity policy is mandatory for you.
Sunday, November 18, 2007
Subscribe to:
Post Comments (Atom)
1 comment:
I was pretty confused about this insurance policy as at some points I find it extremely useful. Thanks for sharing so many reasons that made me aware of the importance of this insurance policy for all the professionals. I will soon buy an appropriate plan.
small business insurance
Post a Comment