To protect the professional people against the mistakes in professional act and omissions, including defective advice.

Annual Policy Basis

Market

A prerequisite for professional such as lawyers, doctors, accountants,  insurance broker and etc under statutory requirement.  It is usually arranged under the collaboration of the related professional associations with insurance company.  Insurer Market is very niche.

Remarks:
There are many conditions, exclusions and warranties that can be applied for these policies. It is therefore important that you discuss with your insurance adviser any that are applicable to your policy.