As a professional you may be the expert of your subject matter but what if client make claim against you for the losses suffered by them due to mistake , errors or omission in your services.
In today’s competitive business environment , profit margins are not that high to compensate toward claim costs plus they come with additional legal costs and damages awarded to client if they win the case.
Professional Indemnity is not new to India & in fact is a mandatory insurance for professionals in regulated industries like Engineering, Financial Services etc.
As someone quoted “TO ERR IS HUMAN”. Therefore, Insurance Bytes offers right & the best Professional Indemnity insurance that act as shield for business owners & professionals like Doctors, CA, Architects, IT Professionals, Engineers & Consultants.