Posts Tagged ‘Liability for Engineer’

Professional Indemnity (or Professional Liability Insurance)

Untuk versi bahasa indonesianya, silakan klik disini Professionals - You Are Accountable!                                                                   Today’s professionals operate in an environment of increased responsibility and accountability; a situation which can lead professionals into serious legal pitfalls. More and more professionals now accept the likelihood that they may face litigation at some stage during their career and wisely, they are seeking protection in the form of professional indemnity insurance Crippling Risk Any professional person or consultant providing advice or services is exposed to claims of a ‘professional indemnity’ nature. Incurring legal liability can prove financially crippling to a professional’s business, and this damage is often compounded by loss of reputation. Even when a professional has been cleared of any liability to compensate a claimant, the cost of defending such a claim is onerous and seldom fully recovered What does Professional Indemnity (or Professional Liability Insurance)?  It covers Legal Liability and Legal Cost and Expenses   Full story
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