Professional Indemnity Insurance
Liability Defense & Financial Protection for Doctors, Chartered Accountants, Engineers & Consultants
Professional Liability Insurance (often referred to as Errors & Omissions or Malpractice Insurance) protects companies and individuals against financial claims made by clients alleging inadequate work, errors, omissions, or negligent actions during service delivery.
Errors and Omissions (E&O) coverage protects the Insured in the event that a client holds them responsible for a service provided, or failed to provide, that did not deliver expected results. For doctors and medical practitioners, it is known as Malpractice Insurance, while for lawyers, accountants, architects, engineers, and IT firms, it is known as Professional Liability.
Professional Indemnity Insurance Details & Add-On Covers
Who Is Protected
- * Doctors, Dentists & Surgeons (Medical Malpractice Cover)
- * Chartered Accountants, Financial Advisors & Lawyers
- * Architects, Civil Engineers & Structural Consultants
- * BPOs, IT Companies & Software Engineering Firms (E&O Cover)
What Is Covered (Scope of Protection)
- * Professional Liability - Damages resulting from any claim for breach of Duty of the Insured
- * Intellectual Property - Damages resulting from any claim for Infringement
- * Defamation - Damages resulting from any libel or slander committed unintentionally
- * Defence Costs - Complete legal expenses incurred in defending claims under policy or extensions
Key Benefits & Highlights
What Is Covered Under Professional Indemnity Insurance
- Breach of Professional Duty, Negligence, Errors & Omissions
- Medical Malpractice Claims for Doctors, Dentists & Surgeons
- Legal Defense Attorney Fees, Court Costs & Arbitration Expenses
- Unintentional Defamation, Libel or Slander Damages
- Intellectual Property Right Infringement Claims
Why Choose Dattani Insurance for Professional Indemnity Insurance?
With over 20 years of risk management experience led by Chief Insurance Advisor Jay Dattani (United India Insurance Co. Ltd.), we prioritize honest, need-based advising over selling generic policies. We guide you through policy comparison, optimal sum insured valuation, and dedicated claim settlement assistance.
Frequently Asked Questions
What is the difference between Professional Indemnity and E&O Insurance?
Professional Indemnity / Malpractice Insurance is provided to individual professionals (doctors, CAs, architects, lawyers), whereas Errors & Omissions (E&O) policies are issued to corporate entities like IT companies, software firms, and BPOs.
Are legal defense costs covered if an allegation is groundless?
Yes, Professional Indemnity insurance covers attorney fees and court defense expenses even if client allegations turn out to be groundless or unsubstantiated.
