Professional Indemnity Insurance
Professional Indemnity Insurance is especially designed for engineers, medical practitioners, doctors, lawyers and chartered accountants. This policy covers their liability towards their clients for any damages that result due to professional neglect, legal claims, omissions, etc. The key benefit of this insurance policy is that it provides exhaustive coverage for all perils/risks.
Directors and Officers Liability Insurance
As a company director, one is legally liable to oversee the activities of the organization they serve. This insurance cover protects directors from loss stemming from mergers and acquisitions, omission, breach of duty or false statements. Moreover, if the insured is also the owner, director or an executive, then they are exposed to legal action that may jeopardize their financial safety. Hence, it is crucial to get adequate protection cover.
Workmen's Compensation Insurance
Workmen Compensation Insurance is a double-edged sword. It protects employer from threats of hefty compensation and expensive lawsuit, while also helping employees in medical emergencies. This policy entails statutory liability of employer to pay employees for death or bodily injury arising during the course of employment.
Carrier's Legal Liability Insurance
This insurance policy indemnifies the insured against their liability with respect to physical loss or destruction to goods while in transit whilst under their possession. It starts with the loading of cargo on the vehicle and remains in force until unloading of cargo at the discharge point.
Product Liability Insurance indemnifies insured against the damage caused by third party due to use of product sold to them.