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MARKET AGREEMENT ON RATING PROFESSIONAL INDEMNITY INSURANCES ORIENTAL INSURANCE COMPANY LTD. Private And Confidential : Issued For The Use Of Insurers Carrying on General Insurance Business in India1PROFESSIONAL
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How to fill out professional indemnity policy for

01
Gather all necessary information about your business and the services you provide.
02
Determine the coverage limits and deductible you want for your professional indemnity policy.
03
Fill out the application form provided by the insurance company accurately and honestly.
04
Provide any additional documents or information requested by the insurance company to support your application.
05
Review the policy terms and conditions carefully before signing to ensure you understand your coverage.

Who needs professional indemnity policy for?

01
Professionals who provide services or advice to clients and could be at risk of errors, negligence, or omissions in their work.
02
Individuals or businesses in industries such as accounting, law, consulting, healthcare, engineering, and architecture.
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Professional indemnity policy is designed to protect professionals from potential legal claims made by clients or third parties.
Certain professionals such as doctors, lawyers, architects, and accountants are typically required to file a professional indemnity policy.
Professionals can fill out a professional indemnity policy by providing detailed information about their practice, coverage limits, and past claims history.
The purpose of professional indemnity policy is to provide financial protection to professionals in case they are sued for negligence or errors in their professional services.
Information such as professional license number, practice areas, coverage amounts, and claims history must be reported on a professional indemnity policy.
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