No, professional indemnity doesn't cover just any type of insurance. It's insurance that covers your professional life. So, everybody gets car insurance but it wouldn't be included under professional indemnity unless your car was a work asset, like for a traveling salesman.
The professional indemnity insurance covers businesses and individuals who specialize in providing services. Professional indemnity insurance helps those who are accused of negligence or malpractice.
Yes our company does allow for this type of coverage.Please contact an agent for a quote and more details.
It depends on the type of insurance you are looking into as well as your profession some examples are:general liability business insurance and contractor liability insurance, among many others.
Insurance contract with an insurance company Indemnity bond
An indemnity health insurance plan is traditional health plan that pays all or part of a persons medical bills. A disadvantage of this type of insurance plan is that it can be very expensive. Another disadvantage is that the individual has to submit all the paperwork to the insurance company.
They cover auto insurance, life insurance,homeowner's insurance, and also insurance on AARP endorsed products. They seem to cover all the basis for insurance needs.
All insurance products are framed as per regulations of the Insurance Regulatory authority and are govered by the existing laws of the land. However, those attached with legal profession, can opt for Professional Indemnity Policy to safeguard their interests in case of astronominal claim suit filed against them by any aggreived complainant.
Homeowners Insurance is what you need to cover a home.
it covers profeccionals against negligence during the preformance of their job. Doctors are a prime example, called malpractice coverage. Premiums would depend on type coverage and amount coverage.
Since Indemnity basically means - protection against future loss, credit insurance indemnity is almost like saying credit insurance insurance or credit indemnity indemnity. The meaning of the term "credit insurance" would depend on the type of credit insurance you are talking about. Business Credit Insurance indemnifies a business against excessive losses due to their customers inability to pay for goods and/or services purchased on credit terms (this would be purchased by the business and losses are payable to the business). Consumer Credit Insurance indemnifies against a consumer's inability to repay a loan or other obligation due to illness or death (this would be purchased by the consumer and losses are paid to the lender).
There is a type of insurance that is often called boiler cover insurance. Because boilers are not usually covered by standard home insurance you can get a separate policy that covers just the boiler.
In case a client sues, what type of insurance do MT's buy to cover their work?