Professional Indemnity

General Insurance

Professional Indemnity

Professional Liability Insurance (PLI), also called Professional Indemnity Insurance (PII), is a form of liability insurance. This particular insurance 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.

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