Don’t Let Errors Drain Your Business
Safeguard against claims and mistakes with E&O coverage
Key Benefits

Covers Legal Defence Costs
Pays for attorney fees and court expenses if a client sues.

Protection Against Negligence Claims
Covers errors, omissions or professional mistakes.

Financial Loss Coverage
Helps pay settlements or judgments awarded to clients.
Plans

Iffco Tokio
Tech E&O Insurance
Premium: ₹20,000/year*
Coverage Amount: ₹10 L – ₹50 Cr+ (customized per client)
- Covers negligent acts, errors, omissions by IT/ITeS consultants & vendors
- Breach of contract, IP infringement, breach of confidentiality, defamation
- Covers injunctions, client disputes and outstanding fee recovery
- Includes legal defense costs and settlements
- Protects global liability from tech service failures

New India Assurance
Professional Indemnity Policy
Premium: 0.1% of annual fees
Coverage Amount: ₹10 L – ₹10 Cr
- Safeguards professionals from negligent advice
- Covers defense costs, settlements, court awards
- Option to include retroactive cover for past services
- Multi-location & multi-professional coverage
- Add-ons: crisis management, loss of documents

United India Insurance
Professional Indemnity Insurance
Premium: ₹12,000/year*
Coverage Amount: ₹10 L – ₹10 Cr
- Covers negligence, wrongful acts, breach of professional duty
- Legal expenses included up to policy limits
- Designed for engineers, consultants, IT professionals
- Extensions: retroactive, civil liability, multi-site indemnity
- PSU-backed reliability and support

ICICI Lombard
Professional Indemnity & E&O Insurance
Premium: ₹15,000/year*
Coverage Amount: ₹10 L – ₹50 Cr
- Covers professional negligence, errors, omissions across industries
- Defense costs, settlements, legal penalties covered
- Add-ons: media liability, subcontractor coverage, retroactive cover
- Suitable for consultants, IT firms, architects, engineers
- Tiered limits for small to enterprise businesses

HDFC Ergo
Professional Indemnity & E&O Cover
Premium: ₹15,000/year*
Coverage Amount: ₹10 L – ₹50 Cr
- Protects professionals against negligent advice or services
- Covers legal costs, settlements and claim awards
- Optional extensions: media liability, retroactive, run-off coverage
- Ideal for legal, IT, financial, healthcare professionals

Oriental Insurance
Professional Indemnity Insurance
Premium: ₹12,000/year*
Coverage Amount: ₹10 L – ₹10 Cr
- Covers financial loss to clients due to your errors or omissions
- Includes defense costs and awarded damages
- Tailored for engineers, architects, IT consultants, training firms
- Flexible: retroactive cover, civil liability, location extensions
Frequently Asked Questions
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