Professional Indemnity Insurance
Also known as "Professional Liability Insurance", "Errors & Omissions" and "PI/PII".
Insurance that covers legal costs incurred in your defence, damages and costs awarded, and offered legal advice.
PII Policies will also include coverage for extensions and add-on's that have be requested upon purchase of Professional Indemnity policy.
More Terms
- Claims Occurred
- Broker
- Product Recall
- Extensions
- Commission
- Annual Payment
- Stand Alone Cover
- Indemnity Limit
- Claims Made
- Solicitors
- Caveat
- Contractual Indemnity
- DOHSC
- Insurance Premium Tax
- Legal Obligation
- Allocation Rate
- Legal Responsibility
- Cyber Liability Insurance
- Trial
- Medical Negligence
- Annual Premium
- Public Liability Insurance
- Libel & Slander
- Underwriter
