Claims Process for Professional Indemnity Insurance | Explained

September 20, 2024 ⚊ 1 Min read ⚊ Views 11 ⚊ BLOG

Learn how the claims process works for professional indemnity insurance, from filing to settlement. Ensure your coverage works when you need it. For businesses or professionals that offer specialist service or advice, professional indemnity insurance is a boon. Also called, errors & omissions insurance, the policy covers claims which are made against such professionals by people who allege that they have incurred losses due to their professional acts. Along with compensating the unhappy client, the errors & omissions insurance policy also covers legal expenses incurred by the policyholder in defending itself in the court.

Read details: https://securenow.in/insuropedia/how-claims-process-work-for-the-professional-indemnity-insurance/

Tags: the professional indemnity insurance

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