Professional Indemnity Policy provides protection against legal claims faced by professionals and Professional organisations for damages that may become payable to third parties who have sustained losses due to the professional negligence of the insured or any of their employees. This insurance is availed by individuals and organisations who practice a profession such as Accountants, Doctors, Lawyers, Engineers etc. The limit of liability also includes costs and expenses.

Only civil liability is covered. Liabilities arising out of criminal acts or in violation of law are not covered.