Future Generali Errors & Omissions Insurance

Future Generali Errors & Omissions Insurance: Inclusions

The Future Generali Errors & Omissions insurance policy gives protection to the insured business against the following risks-

• Coverage for the third-party loss arising solely out of negligence or a mistake by the insured party or company
• Coverage for all the legal expenses

Disclaimer- check the policy wordings offered by the insurance company to understand Future Generali Errors & Omissions insurance coverage in detail.

Future Generali Errors & Omissions Insurance: Exclusions

Here are some common exclusions under Future Generali errors & omissions insurance-

• No coverage for loss of profit arising due to consequences of the insured party to which the insured was not legally entitled
• No coverage for the losses arising due to dishonesty or intentional damage
• No coverage for the damages due to illegal activities
• No coverage for the trading losses of the insured party
• No coverage for the damages or losses arising due to war, terrorism, or pollution
• No coverage for the losses arising due to fines or penalties

Disclaimer- check the policy wordings offered by the insurance company to understand Future Generali Errors & Omissions insurance coverage in detail.

Who Should Buy Future Generali Errors & Omissions Insurance Policy?

This insurance policy offers coverage to the following individuals/entities-

1. Financial planners & institutions
2. Insurance brokers & agents
3. Lawyers & law firms
4. Consultants
5. Call centers/Business Process Outsourcing (BPO) companies
6. Information Technology (IT) Companies
7. Doctors & medical professionals
8. Other professionals

Future Generali Errors & Omissions Insurance: Claim Process

To raise a claim under the Future Generali Errors & Omissions insurance policy, follow the below steps-

• Inform the insurer about the incident as early as possible
• Download the claim intimation form, fill it up, sign & stamp it and submit it to the insurer
• Tell the insurer the chronology of events causing losses or damages
• Share if the insured party has received any formal letter or legal notice with the insurance company
• If there is any legal proceeding initiated before this incident share it with the insurer
• Share any email or correspondence exchanged between the insured and the claimant with the insurer
• Inform the insurance provider about the estimated loss involved in the incident along with the current status of it
• At last, the insurer will initiate the claim settlement process only after checking the coverage under the insurance plan and being satisfied with all the requirements.

Future Generali Errors & Omissions Insurance: Documents Required

Below is the list of mandatory documents required to complete the claim settlement process-

• PAN Card
• Aadhar Card
• Electricity Bill
• GST Registration Certificate
• Address proof of the loss location

Future Generali Errors & Omissions Insurance: FAQs