Maintenance of Professional Indemnity Insurance

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....negligence on its part or on the part of its employees and directors/designated partners; (b) any loss of money or other property for which the IWA is liable in consequence of any fraudulent act or omission; (c) any loss of documents and costs and expenses incurred in replacing or restoring such documents; (d) dishonest or fraudulent acts or omissions by IWA employees or....

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.... financial year subject to a minimum limit of USD 30,000 and a maximum of USD 13.25 million. 4. The un-insured excess in respect of each claim shall not exceed five percent of the capital employed by the IWA in the business; 5. The insurance policy shall be obtained from any insurer registered in India, who has agreed to provide the IWA with an annual certificate containing the name and addr....