PI Insurance: Need of the Hour for Professionals
PI insuranceis an effective instrument that helps professionals to protect their financial liabilities in today’s transparent business world. Doesn’t matter, in which business activity you are involved in, professional indemnity insurance helps you to keep a check on your financial responsibilities arising out of clients’ dissatisfaction or a professional’s negligence, omission, or breach of duty.
Why do Professionals Need It?
PI insurance has become indispensable these days. Almost every professional has to take adequate professional coverage to protect his or her interests. The insurance policy indemnifies a business and personal assets which are at stake while providing quality services to clients in day-to-day basis.
Search through the internet to find the quality insurance policies. Sort out the policy and take the maximum coverage to serve your interest to the fullest.
Monday, June 23, 2008
Thursday, June 12, 2008
Indemnity Insurance
Indemnity Insurance: Who Needs It?
PI insurance protects any professional who work under a contract against legal liability towards the clients for injury, loss, or damage, arising from his own professional negligence or that of his employees. Therefore, indemnity insurance is the most useful protection tool for every practicing professional, when he finds himself down in deep trouble.
PI Insurance: Who Needs It?
Anyone who offers advices and/or services of a specialized nature is a subject matter of taking a suitable PI insurance policy. Any practicing professional within a professional industry can apply for this kind of insurance policy. A professional who is required to perform his duties to a reasonable level of care and skill, considered as "standard" within that particular profession.
Look through the internet to get the most effective insurance policy!
PI insurance protects any professional who work under a contract against legal liability towards the clients for injury, loss, or damage, arising from his own professional negligence or that of his employees. Therefore, indemnity insurance is the most useful protection tool for every practicing professional, when he finds himself down in deep trouble.
PI Insurance: Who Needs It?
Anyone who offers advices and/or services of a specialized nature is a subject matter of taking a suitable PI insurance policy. Any practicing professional within a professional industry can apply for this kind of insurance policy. A professional who is required to perform his duties to a reasonable level of care and skill, considered as "standard" within that particular profession.
Look through the internet to get the most effective insurance policy!
Tuesday, June 3, 2008
Professional Indemnity Insurance
Professional Indemnity Insurance - Benefits & Features
Professional Indemnity Insurance is a necessary tool for most professionals who want to earn their livelihood through providing skilled opinion. Professionals from different industries such as architects, engineers, brokers, solicitors, independent financial advisers, accountants, computer consultants etc. need to look for an effective insurance coverage to protect their rights or interests in highly developed consumer market.
The insurance policy provides financial redemption for any kind of error, omissions, on the part of professional during the period of the service. Damages against the breach of professional trust, duty against the business firm can be a subject matter of the PI insurance.
On the basis of the scope of insurance cover, the professional indemnity also include following risk that may cause damages to a practicing professional:
Libel & slander
Loss of Important Documents
Breaching confidentiality
Copyright Infringement
Dishonesty of co-workers
Breach of warranty of authority
Professional Indemnity Insurance is a necessary tool for most professionals who want to earn their livelihood through providing skilled opinion. Professionals from different industries such as architects, engineers, brokers, solicitors, independent financial advisers, accountants, computer consultants etc. need to look for an effective insurance coverage to protect their rights or interests in highly developed consumer market.
The insurance policy provides financial redemption for any kind of error, omissions, on the part of professional during the period of the service. Damages against the breach of professional trust, duty against the business firm can be a subject matter of the PI insurance.
On the basis of the scope of insurance cover, the professional indemnity also include following risk that may cause damages to a practicing professional:
Libel & slander
Loss of Important Documents
Breaching confidentiality
Copyright Infringement
Dishonesty of co-workers
Breach of warranty of authority
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