Cover all claims made against you for actual or alleged failures unintentionally and in good faith. These claims are typically made by irate customers. Your policy will also cover losses that you may sustain, by reason of fraudulent or erroneous entries in any share or debenture register or record, relative to the registration, transfer, transmission, holding of any relevant document.
It will cover Chartered Accountants for defence costs wherever such costs have been incurred. It will also reduce the probability of loss in income from business interruption in case Chartered Accountants had to defend against an allegation.
Claims related to any event occurring after the retroactive date are covered. This is the start date when the first professional indemnity insurance was bought. So, if you have an insurance in force for the past three years and there is a suit related to an incident that took place two years ago that will also be covered.
It gives you peace of mind to operate your business confidently and safely, in the knowledge that you’ll be covered if any inadvertent mistakes or dissatisfied clients comes back to sue you.
Lost or stolen documents, whether hard copies or information held on PCs or laptops. The cost of retrieving data is also included.
Extensions can be purchased to cover overseas litigation, in case you have foreign clients. An emergency cover can be purchased that provides money to you at short notice.
Retroactive Cover is the benefit you will enjoy on timely renewal. This will ensure that your claims from work you did before in previous year will be considered.
We have specialized underwriters and tie-ups with international experts.
We work with all insurers to get you the best options- both in terms of price and features.
Cover notes are issued within hours of request. This documentation is sufficient for any contractual requirement.
We manage all aspects of your claim - from preparing documentation to follow-up with the insurer.
We will advice you on risk management best practices
See all your contracts and renewal information in one place. Place service requests on PAM.