DESCRIPTION
This module discovers the other side of liability insurance and explores how a business can be professionally liable. We will also explore the different policy types that are available in the market.
Delegates will also explore how liability arises for such professional indemnity claims and the key considerations that can be found in a policy wording.
Finally, the course will explore the key nuisances of professional indemnity insurances and how they differ from other liability policies.
OBJECTIVES
- Identify the types of claims that professional indemnity policies respond to
- Recognise risks and exposures with professional trades
- Determine the key features of a professional indemnity policy
- Determine policy enhancements, extensions and exclusions found in a typical policy
