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CONSTITUTION OF COMMITTEE FOR STANDARDIZATION OF PROFESSIONAL INDEMNITY INSURANCE POLICY

Updated on:4th May, 2020
The Insurance Intermediaries engaged in solicitation and distribution of Insurance products, viz., Insurance Brokers, Insurance Web Aggregators, Corporate Agents&Insurance Marketing Firms are required to take Professional Indemnity Insurance Policies in order to get themselves indemnified from the claims lodged against them, arising out of the contingencies mentioned in the Regulations governing them. The following Regulations deal with the Professional Indemnity Insurance Policy for the Intermediaries.
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