Lawyer’s Professional Indemnity Insurance Advantages
Policy For One And All
The policy will indemnify
the lawyer, notary, legal consultant and
law firm across India and abroad for loss up
to the sum insured for any claim, as per the policy document,
during the policy period.
Comprehensive Cover
Protect against failure to comply with deadlines,
errors and omissions in litigation and
providing inaccurate advice, loss or breach of
confidential documents, failure to deliver the
service agreed upon and conflict of interest.
For instance, if a lawyer fails to file a paper
within the deadline, resulting in loss of his case,
the lawyer can insure against liability for error
and omissions claims.
Retroactive Settlements
The policy offers a benefit of Retroactive period on
continuous renewal of insurance whereby claims reported
in subsequent renewals but pertaining to earlier periods after
first inception of the policy, also become payable.
Complete Support
The insurance will pay for the cost of litigation,
court fees and out-of-court settlements. Additionally, there will be timely reminders to clients when their renewals are due to avoid policy lapse and follow up on pending claims against the firm.
