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Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full cost of defending against a ...
Have professional indemnity insurance of at least £250k if certified for periodic inspection. See also. British Approvals Service for Cables;
Activities include a committee on Deontology [4] and a working group on Professional Indemnity Insurance. [5] The European Council of Civil Engineers (ECCE) aims to promote the highest technical and ethical standards, to provide a source of impartial advice, and promote co-operation with other pan-European organisations in the construction ...
The classes of insurance underwritten by Catlin include property, general liability, professional liability/indemnity, energy, aviation, marine hull and cargo, accident and health, specie, satellite, equine and livestock, product recall, construction and engineering, motor fleet, and inland marine.
As professionals adhering to a Code of Conduct, they are required to obtain and maintain mandatory Professional Indemnity Insurance (PII) if providing services directly to clients. [12] They specify products with reference to the RIBA Product Selector, Architects Standard Catalogue, Barbour Index [13] and trade literature.
Generally, involves a working knowledge of the ship's electrical and mechanical systems, and a fundamental understanding of boat design and construction. Moreover, it is customary for marine surveyors to carry errors and omissions insurance, also referred to as professional indemnity insurance, as a form of protection against potential liabilities.
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