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Professional Liability Claims Procedure
- Designed to respond to the diverse needs of professionals who may face liability as a result of their performance or failure to perform professional service in Hong Kong
- Pays legal defense costs and compensation for:
- Breach of duty
- Negligence
- Error and misstatement
- Intellectual property infringement
- Defamation (libel & slander)
- Fraud and dishonesty of employees
- General wordings provide basic policy structure that is applicable for wide range of specified professions services (SPPL)
- Tailored wordings applicable for risks in specific industry:
- Technology Industry (TPL)
- Multimedia Industry (MMPL)
- Teaching Organizations (PGTO)