https://www.taxtmi.com/acts?id=55413 Professional indemnity insurance must be maintained by insurance brokers on a yearly basis throughout their registration period. Cover must indemnify errors, omissions and negligence; legal liability for loss of money or property resulting from fraudulent acts or omissions; loss, replacement or restoration of documents; and dishonest or fraudulent conduct of present or former employees. The cover must respond to all claims made during the policy period irrespective of when the underlying event occurred, and cannot require the broker to first discharge the liability before claim payment. en-us Wed, 16 Sep 2026 15:42:51 +0530 Wed, 16 Sep 2026 15:42:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55413 Professional indemnity insurance must be maintained by insurance brokers on a yearly basis throughout their registration period. Cover must indemnify errors, omissions and negligence; legal liability for loss of money or property resulting from fraudulent acts or omissions; loss, replacement or restoration of documents; and dishonest or fraudulent conduct of present or former employees. The cover must respond to all claims made during the policy period irrespective of when the underlying event occurred, and cannot require the broker to first discharge the liability before claim payment. Act-Rules Indian Laws Wed, 16 Sep 2026 15:42:51 +0530 https://www.taxtmi.com/acts?id=55413