As consumer and public activism rises, the risk of liability exposures is growing rapidly. And defending yourself in legal forums, can be a very costly affair. Axiom can provide a wide range of liability solutions. We will help you design the ideal coverage, negotiate the best policy terms, and find the lowest cost plans for your needs.
Commercial General Liability
The basic Liability cover that every business must have. It’s a combination of a public and product liability covering exposures arising out of your business operations.
Professional indemnity insurance protects you against charges of negligence or harm, when it comes to your professional service and practice like medicine, law, etc. This insurance covers judgements, defense costs, settlements and fines arising from these cases.
Director and Officer’s Liability
Covers the legal liability, including the cost to defend any civil or criminal action against directors or officers of an organization, for any wrongful act/error/omission committed by them.
It indemnifies the insured for bodily injury or property damage claims arising out of accidents connected to your business. It also covers the related defense cost.
It protects the insured from title defects (due to forgery or fraud, unauthorized transfer, etc.) in land. It pays for the defense cost, legal fees and expenses, out of court settlements, and court verdicts including tribunal under RERA.
It provides building developers with a long term indemnity against material damage caused by structural defects. It gives protection against the cost of repairing, restoring or strengthening of the insured building if the damage is caused by an inherent structural defect.
It covers losses and damages to a company’s network security and privacy through hacking and data breaches. It is a comprehensive cover which protects first party and third party losses.
Errors and Omissions
It protects the insured against any litigation in case of professional negligence or errors and omissions in service. This insurance will cover the legal costs like defense and settlement costs.