Professional Indemnity Insurance
Professional Indemnity Insurance
Professional Indemnity Insurance
This policy indemnifies you against the breach of professional duty.
Overview

Indemnifies you against your legal liability for breach of professional duty, by reason of any negligent act, error or omission performed by you in the conduct of your professional business practice, which caused your client to suffer financial losses. The loss is arising out of claim first made in writing against you during the period of insurance. 

Coverage

This policy covers:

  • Compensation or claims made against you
  • Costs and expenses incurred

Note: Please refer to the Policy Contract for the full product features and benefits. 

The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Berjaya Sompo Insurance Berhad or PIDM (visit www.pidm.gov.my)

Major Exclusions

This Policy does not cover any liability arising out of :

  • Fraud, Dishonesty, Criminal or Malicious Act
  • War, Terrorism and Nuclear Risks
  • Asbestos and Pollution
  • Fines, penalties, punitive damages awarded by a court of law

Note: This list is non-exhaustive. Please refer to the Policy Contract for the full list of exclusions.