Professional indemnity insurance is known to be popular amongst areas of expertise like accountancy, architecture, medicine or law. It is also highly useful to anyone giving professional advice, consultancy or design work. PI insurance is not legally compulsory; however some organizations will only work with a consultant who has some form of PI insurance cover […]
Published in Cafemutual on 3rd September, 2015 Financial advisors are increasingly opting for professional indemnity insurance which protects them against any litigation due to errors or negligence in their practice. In case of financial advisors, such errors can occur due to judgmental errors. IFAs say that this cover has come into spotlight after The New […]
Read our column in Mint about Construction All Risk insurance and Professional Indemnity for doctors here
Published in Mint on 27th May 2014, Written by Kapil Mehta My mother and father have retired and have no mediclaim. However, my wife and I have added them as dependants in our company health insurance. In my company, they are eligible for Rs.1 lakh as group cover and in my wife’s, they are eligible […]
Many stock brokers have raised their insurance coverage to up to 10 crore and extended their mandatory broker indemnity policy to cover fat finger errors similar to the one that caused Mumbai-based brokerage Emkay to take a Rs 51-crore hit on its books. Emkay GlobalBSE -6.17 % received only Rs 95 lakh as insurance against the […]
Doctors are considered to be potential lifesavers that people look up to in times of emergency. The medical profession is revered in India, and its high-income levels and a dignified aura makes it a favourite among people of all ages. But, as with everything, this profession is also driven by several negative forces that are […]
