What is covered?
Error & Omissions Insurance for Management Corporation provides cover for:-
- indemnifies the Insured against any loss arising from claims for any wrongful act committed or alleged to have been committed by the Insured
- legal costs and expenses incurred in the defense and / or settlement of claim brought against the Insured, with the written consent of the insurer
What to do in the event of a claim?
The insured shall give notice in writing to the insurance company immediately of any claim made against the Insured or the discovery by the Insured of any loss, or any circumstances of which the Insured becomes aware which are likely to give rise to such a claim or loss.
The insured shall not admit liability for or settle any claim or incur any costs or expenses in connection therewith without consent of the insurer.
How to Obtain a Quotation?
Clients should complete the Error & Omissions Insurance proposal form in order to provide information relating to scope of services, annual fee income, claim history, etc for underwriting purposes.
If you have already completed your renewal form send it to us by fax 03-91332661 or email to firstname.lastname@example.org.
Or Call Patrick Low on 012-3737555 to see what we can do for you.