This cover comes to the rescue of many professionals following an error or omission. This is best for Doctors, Lawyers, Accountants, Engineers, and similar professionals.
This insurance covers incidents of professional negligence or misconduct for which compensation may be claimed from those providing such professional services, thus the need to have this cover. Examples are doctors prescribing wrong medicine to a patient, Lawyers advice leading a client to suffer losses, Engineers drawing faulty designs, etc.
In order to effect cover, we will need full information about the professionals, their qualifications and period/type of service.