Cover is designed for professionals who interact with customers or members of the public. It protects against claims of personal injury or property damage that a third party suffers as a result of your business activities.
Director’s & Officers Liability Insurance:
This is liability insurance payable to the directors and officers of a company, or to the organisation, as indemnification for losses or advancements of defence costs in the event an insured suffers such a loss as a result of legal action brought for alleged wrongful acts in their capacity as directors and offices.
Professional Indemnity Insurance:
This cover is aimed at protection against financial loss resulting from a legal liability to a third party. Anyone who offers services or advice in a specialised field could be held accountable at law for the advice or service to the general standards of their profession or industry.
Business Rescue Liability (Chapter Six Liability):
This insurance would cover the Business Practitioner whose aim is to facilitate the rehabilitation of a company that is in “financial distress”.
