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April 9, 2011

Importance of Professional Indemnity Insurance Policy

Professional indemnity Insurance was historically a policy taken by professionals such as doctors and lawyers. However, with the image and definition of business changing ever so quickly there are various other professions that impart services to others and are at risk of being claimed against. Today PI Insurance policy earlier confined to a hardly any specific professions is a necessity for most other professions like consultants, architects, marketing managers, BPO’s, KPO’s, IT professionals and software designers, as well as other supply providers such as fitness instructors.
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