What's on Practical Law?
Professional indemnity insurance: an overview
Practical Law UK Practice Note 2-603-6346 (Approx. 30 pages)
Professional indemnity insurance: an overview
by Paul Lewis, Sarah Irons and David Jones, Herbert Smith Freehills LLP
This note considers the scope of cover provided by a typical professional indemnity insurance policy, including the type of liabilities covered, the matters that may be excluded and the manner in which the amount of cover is determined under the policy. It also explains the claim notification requirements usually found in the policy, the insurer's liability for defence costs and its role in handling the underlying claim against the insured.
Get full access to this document with a free trial
Try free and see for yourself how Practical Law resources can improve productivity, efficiency and response times.
About Practical Law
This document is from Thomson Reuters Practical Law, the legal know-how that goes beyond primary law and traditional legal research to give lawyers a better starting point. We provide standard documents, checklists, legal updates, how-to guides, and more.
Learn more- Expert Guidance
650+ full-time experienced lawyer editors globally create and maintain timely, reliable and accurate resources across all major practice areas.
- Trust
83% of customers are highly satisfied with Practical Law and would recommend to a colleague.
- Improve Response Time
81% of customers agree that Practical Law saves them time.
End of Document
Also Found In
- Environmental Consultants
- Identify and assess risk
- Claims, complaints and insurances: practice compliance
- Insurance
- Disputes and Investigations - Tax
- Insurance Litigation
- Building Contracts and Contractors
- Professional ethics and regulation
- Breaches, investigations and litigation
- Professional Appointments and Liabilities
Resource ID 2-603-6346
© 2024 Thomson Reuters. All rights reserved.