Professional Indemnity Insurance for Medical Practitioners
Professional Indemnity insurance from ICICI Lombard General insurance is designed to help you legally and financially if you ever make a professional mistake with your patients. It also helps to protect you against
claims that are not your fault and will cover the below mentioned expenses /allegations. Cover Your Legal
fees and court awarded damages or settlement compensation to be paid against claims arising out of
Medical malpractice allegations / legal suits (Errors & Omissions in practice), Breach of confidentiality
allegations, Loss of third party documents (cost of reinstatement of documents).
Recommended for: medical graduate working as a resident doctor, practising medical professional, specialist in a specialised field, whether working with a Hospital or having own practice.
Professional Indemnity Insurance for Chartered Accountants
An insurance policy that indemnifies you against your legal liability to pay compensation including defence costs, fees and expenses anywhere in India in accordance with indian laws. The insurance covers the
claims arising out of losses and/or damages due to any breach of professional duty by reason of any
negligent act, error or omission committed or alleged while rendering your services as a chartered
accountant and during the period of insurance.
Recommended for: CA firms and individuals who provide professional services like chartered accountants, financial accountants, management consultants, lawyers, advocates. solicitors, counsels.
Directors & Officers Insurance
Directors and Officers (D&O) insurance is liability insurance that covers or protects Directors, Officers, and Employees of the company from claims which may arise from decisions and actions taken while serving their duty.
Recommended for: Any privately or publicly held company with corporate board or advisory committee should take D&O policy to protect their Directors, officers and employees.