Additional benefits that may be attached to professional indemnity policy

The optional extensions which are available include:

• collateral warranties
• cover for any other person or firm acting jointly with the insured
• continuation of cover beyond the date of cancellation in the event of the firm being wound up, to allow a period for claims to be made following negligent acts committed prior to the closure of the firm
• liability for breach of warranty of authority, in case an insured takes an action in good faith on behalf of a client which they are, in fact, not authorized to do
• fidelity guarantee