Professional Indemnity Extension

Professional Indemnity Extension
It is hereby noted and agreed to indemnify the Insured against legal liability for any Claim for compensation first made against the Insured during the Period of Cover and which is notified in writing to the company during the Period of Cover, for breach of professional duty in the conduct of the Professional Business Practice carried on by or on behalf of the Insured by reason of any negligent act, error or omission committed or alleged to have been committed on the part of the Insured.

Baca Juga :

Professional Indemnity insurance (PII), also called professional Liability insurance (PLI) but more commonly known as errors & omissions (E&O), is a form of liability insurance that helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm.

Professional liability coverage sometimes also provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include criminal prosecution, nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance.

Professional liability insurance is required by law in some areas for certain kinds of professional practice (especially medical and legal), and is also sometimes required under contract by other businesses that are the beneficiaries of the advice or service.

Professional liability insurance may take on different forms and names depending on the profession. For example, in reference to medical professions it is called malpractice insurance, while errors and omissions (E&O) insurance is used by insurance agents, consultants, brokers and lawyers.[1] Other professions that commonly purchase professional liability insurance include accounting, engineering and financial services, construction and maintenance (general contractors, plumbers, etc., many of whom are alsosurety bonded), and transport. Some charities and other nonprofits/NGOs are also professional-liability insured.

Professional Indemnity Insurance bisa kita pelajari dengan uraian berikut :

Jika Anda diduga telah memberikan saran yang tidak memadai, layanan atau desain untuk klien, jaminan asuransi profesional memberikan penutup untuk biaya hukum dan biaya dalam mempertahankan klaim, serta kompensasi yang dibayarkan kepada klien Anda untuk memperbaiki kesalahan.

Terlepas dari berapa tahun mengalami perusahaan Anda mungkin memiliki, selalu ada kemungkinan Anda (atau salah satu dari tim Anda) bisa membuat kesalahan. Jaminan asuransi profesional mencakup terhadap berbagai skenario, termasuk:

Profesional kelalaian (yaitu membuat kesalahan dalam sebuah karya untuk klien)
Hilangnya dokumen atau data
Pelanggaran disengaja hak cipta dan / atau kerahasiaan
Fitnah dan fitnah
Kehilangan barang atau uang (Anda sendiri atau untuk yang Anda bertanggung jawab)

Apakah saya perlu jaminan asuransi profesional?

Jika Anda memberikan saran, desain atau layanan kepada klien Anda, Anda harus memberikan pertimbangan serius untuk jaminan asuransi profesional.

Sementara sebagian besar perusahaan menikmati hubungan baik dengan klien mereka, kesalahan dalam proyek dapat mengubah dinamika bekerja semalam. Kemungkinan bahwa jika klien menderita kerugian keuangan yang signifikan sebagai akibat dari kelalaian Anda, mereka cenderung mencari balasan. Profesi yang mungkin perlu penutup PI termasuk konsultan, profesional TI, guru dan tutor pribadi, profesional perekrutan, desainer, Broker dan Konsultan Asuransi.

Professional Indemnity Extension