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Professional Indemnity or Errors & Omissions insurance protects professionals and businesses providing professional services to their clients against any legal liability due to a negligent act, errors or omission committed, which results in a financial loss for their principal.
The policy pays claims / compensation in case a patient or any third-party claims harm, bodily injury, financial loss or death due to the insured medical practitioner’s negligence in rendering his professional service .
What is covered:
