This policy is a combination of Product and Premises cover with additional extensions which make this one of the most preferred liability policies worldwide. The basic structure of the policy is as below:
Professional Indemnity Insurance protects professionals against claims made against them by their past or present client – legally liable. Professional Indemnity is available to professionals in different industries and it covers the costs and legal defense costs, as well as any damages payable.
Directors and Officers Liability Insurance (often called “D&O”) is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. Intentional illegal acts, however, are typically not covered under D&O policies.
Most physicians don’t realize how important their medical malpractice insurance coverage is—until it’s too late. The truth is, whom you choose as your medical malpractice insurer is probably the most important decision you’ll make for yourself and your practice. Your medical malpractice coverage is your defense against reputation-damaging and savings-draining claims filed against you. Don’t entrust your reputation and assets to just anyone, trust the Medical Malpractice Policy.
An insurance policy that protects employers from liabilities arising from disease, fatality, or injury to employees resulting from workplace conditions or practices. Some jurisdictions make it compulsory for employers to buy such insurance.
Most physicians don’t realize how important their medical malpractice insurance coverage is—until it’s too late. The truth is, whom you choose as your medical malpractice insurer is probably the most important decision you’ll make for yourself and your practice. Your medical malpractice coverage is your defense against reputation-damaging and savings-draining claims filed against you. Don’t entrust your reputation and assets to just anyone, trust the Medical Malpractice Policy.
Deterioration of Stocks InsuranceDeterioration of Stocks insurance is introduced to meet the requirement of those who wanted to insure themselves against deterioration of goods they placed in cold storage, which might arise due to a breakdown of insured machinery under Machinery Breakdown insurance policy. D o S is not insured on stand-alone basis.
