Professional Protect Insurance Policy

Covers losses resulting from claims against an insured for civil liability arising from professional services

Extends coverage to newly acquired entities under certain conditions

Provides coverage for claims arising from wrongful acts, facts, or circumstances that could have been notified under an earlier policy

Protects against any document loss that might give rise to a claim or demand for payment from a third party

Secures against unintentional breaches of confidential information leading to third-party allegations

Covers a wide range of professional risks, including defence costs, third-party damages, and claims arising from professional services

Covers legal and compensation costs if a client or third party suffers financial loss due to mistakes, misjudgments, or a failure to meet professional standards

Provides financial protection if the insured is accused of failing to fulfil their professional responsibilities or not adhering to industry standards

Offers protection if important documents, whether owned by the insured or held in trust, are lost, stolen, or damaged

The policy helps manage lawsuits, reputational damage, and compensation demands that can result from accidental leaks, data breaches, or improper handling of confidential material

Covers legal fees, court expenses, and lawyer costs associated with defending against claims related to professional liability

If the insured company acquires a new entity or subsidiary, this policy automatically extends coverage to the newly acquired business, subject to policy conditions

Protects the insured against claims arising from past professional services or wrongful acts, even if they were committed before the policy was in effect

Provides coverage for claims made anywhere in the world, subject to policy terms and conditions

Covers financial losses suffered by third parties due to the insured’s professional activities

Please read policy wordings for detailed inclusions

Claims arising from fraudulent, dishonest, or criminal acts committed by the insured

Claims or circumstances that the insured was aware of before the policy's inception are not covered

Liabilities assumed under a contract or agreement are excluded unless they would have existed even without the contract

The policy does not cover claims involving physical harm, sickness, disease, or death of any individual. It also excludes claims related to property damage, destruction, or loss

Exclude any such claims if an insured party is held responsible for releasing hazardous substances, causing pollution, or damaging the environment

Claims resulting from damages caused by armed conflicts, terrorist attacks, or acts of political violence

Exclude fines, penalties, or punitive damages imposed by law

Claims arising from the insolvency or bankruptcy of the insured

Claims related to employment practices, such as wrongful termination, workplace discrimination, sexual harassment, or unfair treatment of employees, are not covered

Any claims arising from the unauthorised use, infringement, or violation of intellectual property rights are excluded

Please read the policy wordings for detailed exclusions