Professional Indemnity

Secure your financial standing. Safeguard your professional standing.

What is Professional Indemnity insurance?

It covers you for

  • Breach of your professional duty by reason of any negligent act, error or omission
  • The cost and expenses incurred with our written consent in the defense or settlement of any claim to which the policy applies

Key coverage

Here is an overview of your coverage

You are covered forYou are covered for
 

Claims brought against

  • You
  • Your partner
  • Your employee

due to your professional negligence by reason of any:

  • negligent act
  • error
  • omission

whether committed or alleged to have  been committed.

How much is my premium?

Your premium may vary, depending on

  • Risk exposure
  • Our underwriting requirements

What we don’t cover

  • Dishonesty of employees
  • Bodily injury & property damage to third party
  • Pollution
  • Insolvency or bankruptcy
  • Failure to comply with the time limits
  • Claim caused by poor workmanship and/or material
  • Libel & slander
  • Loss of documents
  • Liability assumed
  • Fines, penalties, punitive damages or exemplary damages
  • Joint venture works
  • Asbestos
  • Toxic mould
  • War
  • Terrorism
Note:
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.

Important information

This plan is underwritten by Tokio Marine Insurans (Malaysia) Berhad. All benefits and features mentioned herein are subject to terms and conditions of the policy. It is In your best interest to refer to the Policy Contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only and is accurate as at 30 June 2012.

Note: You should satisfy yourself that this policy will best serve your needs. You should read and understand the insurance policy and at all times, feel free to contact us for more information.