This insurance policy covers liability to a third party arising from the performance of, or failure to perform services by a professional. Insurance is provided in accordance with the limits, conditions and activities defined in the policy.
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What does the PI insurance cover?
- Negligent acts, errors or omission
- Misleading statements
- Unintentional breach of confidentiality
- Libel or slander ( defamation)
- Dishonest, fraudulent or malicious acts, omissions by any former or
- present employee
What liabilities are not covered under this insurance?
- Performance guarantees
- Intentional acts by the professional
- Patents/trade secrets
- Prior claims/circumstances Policy excess