This is a form of protection for the insured against legal liabilities that may arise by reason of any neglect, error or omission committed in a professional capacity by the person insured or by any partner, director, the person who may be in the insured’s employment.

Many professions are required to have PI insurance cover as a regulatory requirement or as part of their professional authorization. These include doctors, engineers, solicitors, accountants, architects, insurance brokers, and financial advisers.

The policy covers all costs and legal charges and expenses required to prosecute the cases brought against Professionals in the course of discharging their professional duties.