With the complexities and unpredictability of the business rescue environment, it helps to have a comprehensive insurance policy in place to give you complete peace of mind. Professional Indemnity Insurance for business rescue practitioners protects the professional in the event that they are found to have been grossly negligent in terms of the South African Companies Act.
Genoa has created a bespoke PI policy which is specifically designed to suit the needs of our Fiduciary Practitioners, Executors, Curators and Trustees of Trusts clients.
At the request of the Insured, our policy can be endorsed to include the following extensions:
- Inter-company liability
- Interest bearing deposit advice
- Investment advice extension
- Loss of documents
- No claims discount
- Outside Directors & Officers Liability
- Tax advice extension
Along with access to superior legal defence, we give each client the promise of quick and efficient resolutions of valid claims, and the rigorous defence against vexatious litigants.
Contact Genoa today for information on any of our professional insurance policies.