Professional Indemnity


As The Bahamas becomes more sophisticated and more litigious, the demand for this type of cover is continuing to grow. Further, more classes of professions are becoming required by Statute to take out and maintain this type of cover, for the protection of their clients and the public at large.


Your premium is usually based on fees, although sometimes it might be based on turnover or other income such as grants. For new practices, estimated fees may have to be used.


Cover is arranged in the prestigious London Market.

Various options can usually be given, giving you a choice of the limit of liability and the deductible required.

It can be seen that commercial general insurance is a complicated matter, and is best handled by a professionally-qualified insurance broker or agent, who will also be there for you in the event of a claim. For further information, please contact one of the insurance companies listed in our Bahamas Directory.


Nothing contained in this article should be construed as altering, amending or adding to any policy of insurance, cover note or binder. For full details of the policy cover, exclusions, restrictions etc., reference should be made to the policy document itself, a specimen of which will be supplied on request. Neither the author of this article nor his employers nor principals accept any responsibility for the accuracy or otherwise of anything contained therein.