Product Overview
Whether you are a lawyer, architect, engineer, or an independent contractor, your professional performance could eventually be questioned. The complaints presented by a third-party can be diverse, and convergence with the insurance coverage will depend on the type of policy that has been offered and the professional’s specialization. A detailed questionnaire, explicit endorsements and conditions that are part of the insurance policy can be the beginning of a formula that guarantees total peace of mind and transparency between the parties.
Scope of coverage
Professional Liability insurance covers disbursements or compensation for loss or damage for which the insured is liable to pay as the consequence of involuntary acts for errors or omissions that may have been caused to their clients in the course of providing a service, as well as damage that may derive from them.
The main coverage are:
- Court-ordered payment for damage and losses caused to a third party
- Legal defense expenses, including court costs
- Property damage caused by Architects and Engineers (A & E)
- Loss of customers’ records
- Reimbursement of expenses incurred in attending hearings and/or trials
What sets us apart
We are prepared to provide you a solution.
- US$25 million limit across Latin America
- Covers a broad list of independent and employed professionals’ activities
- Endorsements and terms designed for the specific needs of each profession
- In-depth knowledge of local laws that allow us to provide coverage for each client’s needs
Downloads
E&O Fact Sheet
