If you are a professional providing advice, services or management (e.g. lawyers, accountant, engineers, architects, executives officer) whether as an individual or a company/association, you face the risk of legal suits against you in event of alleged breach of professional duty of care or duty by reason of a negligent act, error or omission.

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Having an indemnity policy will safeguard your professional liabilities for compensation and legal cost as a result of legal suit.