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PI insurance provides an umbrella against any undesirable claim for alleged negligence. Under this policy, the insurer provides the cover for damages awarded against you and for legal defense costs. In case, a professional is trapped for wrong allegation, the insurance company ensures that a good legal expert has been hired and the professional’s side of story can be presented nicely in the court of law. PI Insurance – What to Cover? The insurance policy covers professionals against claims for unintentional breaches of intellectual property, loss of data or documents and claims for dishonesty. Importantly, the amount of risk is limited to the working area of the professional and policies are given as per the desires of professionals. For example, take an example of a doctor who prescribes a medicine that may not produce the desired result to a patient or may cause some other trouble to the patient. A patient has the right to sue the doctor and ask for the damages. Here, if the doctor h