Cover for third party claims with regard to performance of professional services


Professional Indemnity against a range for risks

Cover your services business from litigation filed by third party for financial loss during the time that service was provided. Coverage may extend to a range of risks including infringement of copyright, trademark, intellectual property, data security among others


Comprehensive Territorial Coverage

The policy can be issued for a particular jurisdiction (Say India) or can be customized to include global coverage depending on your business. The cover can also extend to claims by shareholders and clients, employees abroad.


Customize Cover Based on Your Risk

The policy comes with the option to extend cover via add ons such as for coverage of Employee Fidelity, entities acquired during the policy period, consequential damages etc. At Bluearmour, we can work with you to customize a cover that works for the risks that your project is exposed to.

FAQ

Who can take an Errors and Omissions insurance ?
Can be taken by service professional such as :
Information Technology Companies
Call Centres / Business Process Outsourcing Companies
Chartered Accountants
Financial Institutions
Media Companies
Consultants
Law Firms
What are the typical exclusions under Error and Omissions Insurance?
Criminal or Dishonest acts, delay in performance of services, claims under workmen compensation are typical exclusions under the policy. It may be noted that policy terms and conditions, premium can vary significantly across insurers for the same risk. Often, a combination of products/add ons is needed for effective risk mitigation. Blue Armour Insurance Brokers can advise you coverage terms as well as premium rates across the process.

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Direct Broker (General), IRDA License No 728 (Valid upto 25th August, 2026), Bluearmour Insurance Brokers Private Limited, CIN: U66000HR2019PTC084231