Professional Indemnity Insurance in Qatar
Are you a service provider in Qatar? Or Are you going to be a service provider in Qatar?
What if, the service you provided caused financial loss to the person or an organization who subscribed your services? You can compensate their loss caused without paying it from your pocket.
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Since the business possibilities of Qatar is wide and promising, there are a huge number of entrepreneurs, manufacturers, service providers and businessmen in Qatar. Most of the service providers deliver their services to business entities and the services provided to them will be crucial and immensely demanding care and attention. There are occasions were even a minute error or omission from the part of the service provider cause heavy loss to the person who availed the service. Thus the client may move with a legal action against the service provider, claiming compensation. If the error or omission from the side of service provider caused losses to the client then the service provider is held liable to indemnify the client for their losses.
Professional Indemnity Insurance in Qatar or Personal Liability Insurance in Qatar (PLI) otherwise known as E&O insurance (Errors and omissions insurance) is a particular type of insurance coverage aimed to secure your company against the claims, that a professional service provided by your company caused financial harm to your client due to errors or omissions from your side.
The mistake from your side would be pint-sized, but it would result in huge and humongous loss for your client. Even if you are not doing the service all by yourself, but you are managing to render the services through your employee, you will be vicariously liable for the mistake from your employee’s side.
Therefore every service providers are advised to subscribe to Professional Indemnity Insurance in Qatar. Because it take away the burden of indemnity from your shoulder.
By subscribing to Personal Liability Insurance in Qatar clients who deals with you would have a confidence in your service. They would not think twice to deal with you because, they are guaranteed indemnity even if there is an error in your service causing harm to them.
Personal Liability Insurance in Qatar or Professional Indemnity Insurance in Qatar protects you from major financial losses. As an entrepreneur you wouldn’t have to pay for your employee’s mistake if you are a holder of Professional indemnity insurance in Qatar.
TrustLink offers you end to end services to startup a business in Qatar. We offer our services in formation of the companies which includes companies providing expert professional services like Management Consulting, Financial Consulting, Engineering Design Consulting and many more in MOCI as well as Qatar Financial Centre (QFC). With our wide network and contacts we can assist you in subscribing to Professional Indemnity Insurance in Qatar from the most trustworthy insurance providers. We have been delivering our services for more than a decade and we are well aware of your needs while you are putting up a venture.
With us, you get the best consultancy services in the country in the most affordable fees in a highly professional manner.
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