Long Term Professional Indemnity
In today’s construction industry, project owners expect contractors to be proficient in both design and construction, increasing the level of potential liabilities for contractors.
Specific Project Professional Indemnity Insurance (SPPI) is a customized policy designed to address the combined civil liability exposures of all parties involved arising from any actual or alleged negligent act, error, or omission during the lifespan of a project.
At Securisk Insurance Broking Pvt. Ltd., our dedicated team possesses in-depth industry knowledge and expertise, enabling us to offer tailor-made solutions that protect clients against unforeseen risks while ensuring comprehensive coverage at optimum cost.
Key Coverage
Bodily injury or property damage to third parties resulting from faulty design or project management
Negligence in execution or oversight
Failure to comply with building regulations or obtain necessary approvals
Sick building syndrome arising from defects in heating, ventilation, or air conditioning systems
Administrative or regulatory proceedings and official investigations