Monday, March 30, 2009

Protection Offered By Indemnity Insurance

Today, professionals face the serious menace of litigations filed by clients/customers threatening them with loss of finance, credibility and reputation. Indemnity Insurance offers them financial protection on such situations in their professional life. There are companies providing various Indemnity Insurance types.

Professional Indemnity Insurance gives fiscal aid to clients/customers for their damages from negligence, omissions or errors in advice offered by professionals. Employers Liability Insurance offers employers monetary aid, if their employees happen to suffer from any sickness or are involved in accidents brought about by their work. Income Protection Insurance safeguards insurers from financial repercussions of long-term sickness by making their salary payments for that duration.

Public Liability Insurance covers damages from business activities and corresponding legal expenses. Product Liability Insurance is designed for protecting insurers from damages/injuries resulting from faulty goods. Permanent Health Insurance gives financial coverage for critical illnesses and other medical and health problems. Property & Content Insurance financially shields business properties, premises, equipments and fixtures.