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Professional Indemnity Insurance for Real Estate Agents & Valuers
Anika
offers a special scheme Professional Indemnity Insurance for all
Real Estate Agents and Valuers that are registered with Lembaga
Penilai, Pentaksir dan Ejen Hartanah Malaysia for a minimum
coverage of RM 100,000 and optional coverage of RM200,000 and RM
250,000.
Professional
Indemnity Insurance provides essential financial protection
for a wide range of professional advisers. In the event that a client
suffers financial loss as a result of alleged neglect, error or
omission Professional Indemnity Insurance will meet the cost of
defending claims and any damages payable.
Any
person who gives advice, designs, or offers similar services in
a professional capacity is seen by clients as an expert. In these
times of high consumer awareness, clients will not hesitate to pursue
a claim if they feel that they have received sub-standard service.
The need for Professional Indemnity Insurance has never been greater.
While
some professional people see Professional Indemnity Insurance as
an expensive and unnecessary overhead, we know from experience that
any professional can produce substantial claims. Court awards have
risen sharply in recent years. Without insurance, the financial
security of a business is threatened.
How
much cover is required?
Only
the professional can assess the amount of cover appropriate to the
business. In determining how much cover to effect, it is important
that a realistic view is taken of the potential damages and legal
costs for which the business could become liable. Being under-insured
can be almost as financially disastrous as being without insurance
at all.
Our
scheme started from the minimum requirement of RM 100,000, RM 200,000
and maximum of RM 250,000 and the premium is charged based on the
on the Gross Fees received for last financial year.
We
will, however, provide a quotation for higher levels of indemnity
if asked to do so. We are also able to provide cover up to a limit
of RM 10,000,000 in most cases for property management companies,
auctioneers and professional valuers, any professionals in doubt
about the amount of cover they should take out should consult their
legal advisers.
What
are the Advantages of the Scheme Offered by Anika Insurance Brokers?
PREMIUM
RATES
The
entire insurance program has been designed to be the most competitive
for the benefits of the Real Estate Agents & Valuers.
SERVICE
Anika
Insurance Brokers has the most qualified and experienced professionals
dedicated to solving and answering our clients’ professional
indemnity needs.
SIMPLICITY
AND EASE
This
scheme is the simplest and easiest insurance management tools available
to all Real Estate Agents & Valuers in Malaysia.
THE
POLICY WORDING
This
policy has been specifically tailored to meet the needs of the Lembaga
Penilai, Pentaksir dan Ejen Hartanah Malaysia.
The
Policy provides Professional Indemnity protection for damages and
costs arising from claim of negligence made against the Policyholder.
The
Policy Wording could also incorporate Loss of Client’s Money
due to dishonesty of employees, Loss of Documents and Libel &
Slander as optional extensions..
How
to take-up this Professional Indemnity Insurance Policy?
Just
download our proposal form below and fax the completed proposal
form to:
at
03-2691 4498 or 03-2713 3335 for
an immediate pricing.
Click
here to download the Proposal Form >> 
(178kb)
To download, right-click on the icon, and
choose 'Save Target As..."
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