What is Professional Indemnity Run-off Cover Insurance
If you are selling your business and/or retiring soon and you have a current Professional Indemnity Insurance Policy you should consider the need for further cover should a claim arise in the future. Professional Indemnity Run off Cover provides indemnity for...
Be Aware if your PI Insurance excludes Bodily Injury and/or Property Damage
Understand your Policy Making sure that your insurance policy covers you adequately, particularly in the event that a claim is made against your professional services, is extremely important. This involves reading the terms and conditions, so you understand the extent...
Does your Professional Indemnity Insurance Policy have a Continuous Cover Clause?
Continuous Cover gives cover for claims that have arisen out of a known circumstance and should have been notified to the insurer in a prior policy period. This is providing that the following points are taken into account: The current insurer was the insurer at the...
Get to Know the Terms in your Professional Indemnity Insurance Policy
Costs Inclusive Excess The policyholder must pay the amount of the excess towards the legal and defence costs. Costs Exclusive Excess The policyholder does not pay any excess towards the legal and defence costs but only pays the amount of the excess towards a...
