Describe the services you actually deliver, including subcontracted work, customer industries and overseas contracts. The activity description should match the quotation.
Ask about the claims trigger, reporting requirements, retroactive date, exclusions and defence costs. A liability amount on its own is not enough to compare protection.
A contract demanding PI does not establish that every contractual promise will be insured. Send the requirement and proposed wording for review.
Sources
- AIG Singapore: Financial Lines solutions
Professional Indemnity
Reviewed 23 October 2026 · Source details