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Terms for subject General containing professional indemnity | all forms | exact matches only | in specified order only
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professional indemnity insuranceстрахование гражданской ответственности за причинение вреда третьим лицам при осуществлении своей деятельности (= PII A form of third-party insurance that covers a professional person, such as a solicitor, surveyor, or accountant, against paying compensation in the event of being sued for negligence This can include giving defective advice if the person professes to be an expert in a given field. There have been a number of very high awards made to plaintiffs (especially in the USA where PII is known as malpractice insurance) and this has greatly increased the cost of obtaining cover. OB&M Alexander Demidov)