5 Best Professional indemnity insurance Companies in Pakistan – HAMPSHIRE, JUBILEE General AND ORIENT insurance companies at top of list
If you are looking for best Professional Indemnity Insurance Companies then you are at right place. Here you will find list of 5 top class Professional liability insurance (PLI) Companies in Pakistan. First let me tell you something about PLI or Professional Indemnity insurance. PLI also called professional indemnity insurance (PII) but more commonly known as errors and omissions.
It is a form of liability insurance that helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.
Professional liability insurance (PII) may take on different names depending on the profession. For example, in reference to medical professions it is called malpractice insurance, while errors and omissions insurance is used by insurance agents, consultants, brokers and lawyers. you might also like to read List of Insurance Companies in Pakistan top 60 companies.
5 best Professional Indemnity Insurance (PII) Companies in Pakistan :
1: Jubilee General Insurance Company :
It Provides cover of losses from liabilities arising due to third party’s claims for Compensatory damages, such indemnity to include claimant’s cost and approved defense costs and expenses. Bodily injury, material damage or construction damage arising from a negligent act, error or omission committed or alleged to have been committed or omitted (as the case may be) by the Insured during the policy period.
Address : Jubilee Insurance House 2nd Floor, I.I.Chandigarh Road, Karachi 74000, Pakistan.
Islamabad Office : 26-D, 1st Floor, Kashmir Plaza Jinnah Avenue, Blue Area, Islamabad, Pakistan.
Phone : 9221-2412628, 2416022, 2416023, 2416024.
2: AIG Insurance Company :
AIG Insurance Provide Day to day protection, Different specialties, different risks, Long term peace of mind and much more.
Karachi Branch : 9th Floor, Business & Finance Centre, I.I. Chundrigar Road, Karachi.
Phone : 92-21-111-111-244.
Lahore Branch : 177-B, Shadman II, Lahore.
Phone : 92-42-37530744.
Islamabad Branch : No. 102, 1st Floor Muhammad Gulistan Khan House Fazal-e-Haq Road, Blue Area, Islamabad.
Phone : +92-51-111-111-244.
Faisalabad Branch : F1, First Floor, Chaudhry Arcade, New Civil Lines, Faisalabad.
Phone : +92-52-3002528.
3: EFU General Insurance :
It provides Insurance for Professional lawyers, doctors, engineers, etc. This may include for instance, the case where a lawyer gives wrongful advice to his client resulting in his client suffering a financial loss. In addition it will pay for legal expenses incurred in preparing a defense in a court of law.
Address : EFU House, M.A. Jinnah Road, P.O. Box 5005, Karachi-74000, Pakistan.
Phone : +9221-3231-3471 to 90.
4: RMS (Risk Management Service) Insurance Company :
it covers profesions i.e Accountants, Advertising Agencies, Architects, Charities and Organization, Consulting Engineers/ Design and Construct, Insurance Brokers, Investment Managers, IT Consultants, Management Consultants, Marketing and Media Medical Practitioners and much more.
Address : Ground Floor, Imperial Court Dr. Ziauddin Ahmed Road Karachi, Pakistan.
Phone : +92-305-2222141.
5 : Adamjee Insurance Company Limited :
AICL (Adamjee Insurance Company limited) is the best ever insurance company in Pakistan. I have no words to introduce this for you.
Address : 6th Floor, Adamjee House, I.I. Chundrigar Road, Karachi – 74000 Pakistan.
Phone : +92 213 2412623
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So, this is my list of best ever top 5 Professional Indemnity Insurance Companies in Pakistan. I hope you all like it very much. feel free to share your experience and views with us. you may also like to read old republic insurance company of Canada – Canadian Insurance].