Understand What Is Professional Indemnity Insurance: Watch This Before You Buy! | Dr Sanjay Tolani

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What Is Professional Indemnity Insurance?

Professional Indemnity Insurance is usually purchased by service providers or professionals like doctors, lawyers, financial advisors, insurance advisors. And the purpose of this is: The advice that is given by these professionals, if there was a negligence in the advice given or there was bad intent in the advice given, there is a liability in the place.

Is that all about this special type of insurance? Watch this video right now to figure it out!

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Dr. Sanjay Tolani, became the “youngest member” at the age of 19 and the “youngest life member” at the Age of 28 to the Million Dollar Round Table (MDRT). He also has 13 Top of the Table Qualifications (TOT), which is considered the pinnacle of the financial services profession. To top things off, he is also the youngest Managing Director of an insurance brokerage in the Middle East.

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First time i heard of this wow 😮. Thanks a lot Dr Sanjay

MrGuan
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Thank you for this clear explanation!!

jminormedia
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Thank you sir could you please make video of commercial general liability insurance

abhishekkawal
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What type of indemnity insurance to opt for nursing home which covers vicarious liability?

pathiksnaik
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In construction work if the contract is done as design and built then who pay the premium of the professional indemnity insurance..contractor himself or the employer/ Client????

Hunter-hjdw
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Thank you this was great, do you think a life coach/ mindset coach requires professional indemnity insurance? Even if in the contract it is stated that the client is to accept risks whilst they agree that my company will not be held liable for any damages resulting from the company’s services?

libbywalker
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Which is the best for doctors in the market?

kiranpremraj