Frequently Asked Questions
What is covered under the Professional Indemnity for Lawyers?
This insurance covers legal liabilities arising from negligence, error, or omission in rendering professional services.
Who is eligible for this coverage?
Lawyers involved in either private or full-time employment who render professional services to their clients.
What extensions are available?
Extensions include Retroactive cover, Re-instatement, and Run-of cover, among others.
How are the premiums calculated?
Premiums are based on the annual gross fees and the selected limit of liability.
What does the deductible/excess mean?
The deductible/excess is the amount the insured must pay before the insurance company covers a claim.
How does this policy support the smooth running of my business?
It helps restore financial position after losses from legal processes, ensuring uninterrupted business operations.
How do I make a claim?
Claims should be made by writing to Pacis Insurance or your intermediary, following the specific guidelines provided.
Can I get coverage for incidents before the policy inception?
Yes, with a retroactive date extension, but not for un-insured periods.
What's the process for signing up?
Complete the proposal form on the website, pay the premium, and send the necessary documentation.
Are there any restrictions on responding to third-party correspondence?
Do not respond to third-party correspondence without Pacis Insurance's consent; forward them to the insurer.