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In recent years we have seen a large increase in the level of lawsuits alleging misconduct in this area, as a result of which financial institutions are finding themselves in an increasingly vulnerable position. A professional indemnity
policy provides cover to a financial institution in respect of its liability
to third parties for claims made during the period which occur during
the performance of their duty as an employee i.e. when providing a professional
service to clients. |
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The standard policy can be enhanced with
the following extensions: |
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the latest information please click the
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