Types of Indemnity Insurance
Professional Indemnity
Professional indemnity is insurance that is available to someone who is employed or offers a type of service to the public. This includes architects, engineers, doctors, contract workers, lawyers, and the like. It protects professionals from claims made against them in relation to the type of work that they do. It also covers the costs should they suffer injury, damage or loss due to work.
Medical Indemnity
This type of insurance is available to those in the medical field and provides protection against claims of medical malpractice. It is not required by law but is strongly suggested especially in the case of those with high profile clients.
Trustee Indemnity
Also known as liability insurance, trustee insurance protects trustees from risk of personal liability that results from breach of trust.
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