Confidence with TBA’s Professional Indemnity Takaful

If you provide advice or professional services that require an extensive amount of attention to detail, shouldering the responsibility for the health and safety of others, or making major business decisions, you will need to undertake those duties with confidence and peace of mind.

This will play a vital role in your ability to deliver excellent service at the highest level of professionalism.

Often times, professionals such as doctors, engineers, architects and lawyers, among others, are prone to face legal suits due to mistakes that arise when performing tasks during the course of their service.

Errors are risks that can happen during high pressured circumstances. Either from miscalculations or a lapse of judgment, even after extreme due diligence is practiced – risks are ever-present.

Those involved in these high-level fields of expertise should seek to protect themselves.

Takaful Brunei Am Sdn Bhd (TBA) has takaful protection schemes under Takaful’s liability class which is designed to protect the participant in respect of their legal liability to pay compensation or any related issues with legal proceedings.

TBA’s Professional Indemnity Takaful is an important type of takaful that safeguards professionals such as lawyers and engineers against any claims for the breach of professional duties by reason of negligent act, error, or omission.

With Professional Indemnity protection, professionals can carry out their duties with confidence and will obtain legal defense should there be a claim made against them.

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Some of the claims covered by Takaful include Errors or Omissions, Wrongful Advice, Breach of Confidentiality, Defamation and Intellectual Property.

No matter the size of the company, a Professional Indemnity Takaful is important because errors can happen anytime.

For more information on TBA’s Professional Indemnity Takaful, please contact Takaful Brunei Corporate at 2442222 (ext. 9003) or visit Takaful Brunei Corporate at its Beribi headquarters.

This article was first published on 30 April 2022 in our Weekly Epaper issue 191 | More stories here


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