May 17, 2023
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.
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More Terms
- Financial Position
- General Liability
- Excess Layer
- Crisis Containment
- Compulsory
- Life Assurance
- Stand Alone Cover
- Nil First Excess
- Indemnity Limit
- Auditing
- Private Practice
- Policy
- Lloyd’s of London
- Medical Malpractice
- Locum Insurance
- Cooling Off Period
- Medical Expert Witness
- Current Liabilities
- Commission
- Business Interruption
- DOHSC
- Negligent Harm
- GMC
- Claim Frequency
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