Directors & Officers
Directors and officers liability Insurance protects the company, their directors and officers for losses or advancement of defense costs as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers.
Such insurance is increasingly important with increased emphasis placed on corporate governance and stricter laws governing the duties and responsibilities of company directors and officers.
Public Liability
Protects you against your own liabilities as well as legal liabilities of your employees and 3rd parties.
We cover for the bodily injury or property damage incurred on the your premises as a result of your business operations.
We cover for the bodily injury or property damage incurred through the use of the product manufactured, distributed or sold.
Bailee's Liability
The Insurer agrees to indemnify the Insured for all amounts which the Insured (Includes Carrier’s liability and/or Warehouseman’s liability) shall become legally liable to pay consequent upon accidental physical loss of or damage to the Property of others which occurs within the Geographical Limit stated in the Policy during the Period of Insurance.
Product Liability
As a business owner or operator who manufactures, supplies, sells, or repairs any product, you may risk facing a legal suit for compensation by customers who allege injury or damage caused by a harmful or defective product.
That is why a Products Liability Insurance is something all businesses should not ignore. It covers your legal liabilities to the public or third parties in the event of paying out such compensation, and includes necessary defense costs involved, where the allegations are proven valid.
Professional Liability
Professional Liability insurance is designed to protect your business against claims that professional advice or services you’ve provided caused a customer financial harm due to actual or alleged mistakes or a failure to perform a service.
In responding to a civil claim made by your customer, professional liability coverage can help your business:
– Pay legal expenses.
Whether your business is at fault or not, legal costs can add up. A professional liability policy can help your firm cover unexpected legal fees — for valid claims and frivolous suits alike.
– Manage claims.
Your professional liability insurer can help your business respond to claims and guide you through arbitration or litigation.
– Meet contractual requirements.
Many corporate service contracts require professional service providers to carry professional liability coverage.
– Compete.
Carrying professional liability coverage can give you a competitive advantage by giving your customers an extra level of security.
Burglary & Money
Protect your business against loss of, or damage to property insured resulting from theft involving actual forcible entry or exit.
For quotation or more information, please contact us at 6259 7793 or email speedyins@nhlgroup.com.sg.
