Novo Insurance - Professional Insurance Services

Professional Indemnity (PI) Insurance

Type: Corporate Insurance | Category: Liability Insurance

Policy Details

Learn more about the Professional Indemnity (PI) Insurance policy.

Professional Indemnity (PI) Insurance

Description

Covers professionals against claims arising from errors, omissions, or negligence in the discharge of their professional duties.

What is This Policy?

PI Insurance protects professionals from financial loss due to mistakes or negligence in their services. It’s mandatory or highly recommended in many regulated sectors.

What is Covered

The policy covers legal liability arising out of acts of negligence, errors, or omissions committed during professional service delivery. It includes legal defence costs, settlements, and damages awarded by courts or regulators.

Who Should Buy

Doctors, lawyers, architects, consultants, CA/CMA firms, Professionals providing advisory or opinion-based services

Key Features

  • Claims-made basis
  • Covers legal fees and compensation
  • Tail coverage and retroactive date options
  • Industry-specific wordings available (doctors, architects, etc.)

Get in Touch

Request a free consultation for the Professional Indemnity (PI) Insurance policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com