Category: Insurance

Insurance

Who needs professional indemnity insurance?

As an individual or a business entity, you need to have yourself protected against unforeseen events, and the protection essentially includes insurance covers. One such insurance cover is professional indemnity insurance, which covers the compensation awarded to a client in the event of a lawsuit against those who provide professional services. Following are a few professions that need professional indemnity cover: IT professionals: At times, projects undertaken by IT firms don’t go as planned. Although,Learn More

The Basics Of Marine Insurance

There is an inherent need today to ensure that every facet of your life, right from general insurance, life insurance as well as goods and services, are insured. If you do not pay heed to this, you may end up with serious debt and straddled with long, drawn out payment hurdles. This is extremely imperative while shipping prized cargo across countries or continents. Marine insurance covers the risk of goods from the point of departureLearn More

Scope of Professional Indemnity Insurance

An insurance is like a contract, in which a legal entity or an individual receives financial protection or reimbursement from an insurance company, in case of any loss incurred. This contract is called a policy. Insurance policies are used to protect the individual or a company from financial losses, small and big, that may have resulted from damage to the insured or to his or her property, or from liability for the damage caused toLearn More

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