Professional Indemnity Insurance

A Professional Indemnity insurance is essential for professionals including but not limited to accountants, auditors, doctors, solicitors, company secretaries, architects, and engineers. The insurance protects them from potential legal liability that may result from their own professional negligence or the negligence of their employees while carrying out business activities.

Certain regulated professions are required by law to obtain professional indemnity insurance prior to renewing their annual practicing certificate.

Summary of cover includes:

• Negligence act, error or omission
• Breach of confidence or copyright
• Lost or damaged documents or data
• Dishonestly of Employees
• Defamation for actual, libel or slander

Subject to policy terms, conditions and exclusions.

Professional Indemnity for Accountant

An insurance scheme for accountants, providing a Professional Indemnity coverage limit of up to RM5,000,000 and competitive premiums starting at RM270*.

This insurance scheme is underwritten by Generali Insurance Malaysia Berhad and managed by State Insurance Brokers Sdn Bhd.

*Excluding 6% service tax and RM10 stamp duty.