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2017 PROFESSIONAL INDEMNITY INSURANCE SHORT RENEWAL FORM SOLICITORS Please provide a full answer to every question. This form must be signed by a Principal/Member/Director of the practice.1. NAME
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Professional indemnity insurance, often referred to as professional liability insurance, provides coverage for professionals in case of claims made against them by clients for errors, omissions, or negligence.
Professionals in fields such as law, medicine, engineering, architecture, and accounting are typically required to have professional indemnity insurance.
To fill out professional indemnity insurance, professionals need to provide details about their practice, coverage limits, past claims history, and other relevant information.
The purpose of professional indemnity insurance is to protect professionals from financial losses due to claims or lawsuits filed by clients.
Information such as the type of professional services provided, coverage limits, deductible amounts, claims history, and details of any previous lawsuits must be reported on professional indemnity insurance.
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