Project Professional Indemnity
About This Policy
This specialist construction liability cover provides for long term non-cancellable Project Professional Indemnity insurance for the legal liabilities arising out of errors or omissions in their Professional Duties for Contractors, Engineers, Surveyors, Consultants and other related professions employed on construction projects.
The period of insurance can take into account pre-feasibility including early design work prior to the start of construction for a maximum period of 36 months or longer, the construction period as well as the maintenance and discovery period following final completion of the contract.
Professional Indemnity insurance provides indemnity in respect of claims arising out of the conduct of professional services.
Cover is in respect of legal liability to pay compensation as a result of actual or alleged negligent acts, errors or omissions in the performance of professional duties. The indemnity covers both damages and defense costs.
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