What is Professional Indemnity?
It is a policy covers you for breach of your professional duty by reason of any negligent act, error or omission, and the cost and expenses incurred with our written consent in the defence or settlement of any claim to which the policy applies
Product information
Plan overview
- Plan term
- Annual renewal
- Premium
- Contact us for a quote
The benefit(s) payable under eligible policy is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact TMIM or PIDM (visit www.pidm.gov.my).
Why Professional
Indemnity?
Benefits at a glance.
Liability coverage
Cover includes:
Breach of your professional duty by reason of any negligent act, error or omission.
The cost and expenses incurred with our written consent in the defense or settlement of any claim to which the policy applies.
Key coverage
Here is an overview of your coverage
Professional indemnity cover
Covers you for claims brought against:
- You,
- Your partner,
- Your employee,
due to your professional negligence by reason of any:
- negligent act,
- error,
- omission,
whether committed or alleged to have been committed
How much is my premium?
Your premium may vary, depending on
- Risk exposure
- Our underwriting requirements
More product
information
What we
don’t cover
✖Dishonesty of employees
✖Bodily injury & property damage to third party
✖Pollution
✖Insolvency or bankruptcy
✖Failure to comply with the time limits
✖ Claim caused by poor workmanship and/or material
✖Libel & slander
✖Loss of documents
✖Liability assumed
✖Fines, penalties, punitive damages or exemplary damages
✖Joint venture works
✖Asbestos
✖Toxic mould
✖War
✖Terrorism
Note:
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.
Important information
This plan is underwritten by Tokio Marine Insurans (Malaysia) Berhad. All benefits and features mentioned herein are subject to terms and conditions of the policy. It is In your best interest to refer to the Policy Contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only and is accurate as at 30 June 2012.
Note: You should satisfy yourself that this policy will best serve your needs. You should read and understand the insurance policy and at all times, feel free to contact us for more information.
Have a question? Speak to us today
Our Customer Service Personnel are ready to answer your enquiries and provide assistance.
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