Professional indemnity insurance
Professional indemnity insurance is meant for professionals like doctors, engineers, architects, lawyers and chartered accountants.
It insures them against any financial loss resulting from a claim due to unintentional errors and omissions committed by them while rendering professional service.
For this insurance to kick in, the condition is that the loss must be to a third party who has suffered bodily injury or property damage.
Only civil liability claims are covered and any liability arising out of any criminal act or act committed in violation of any law or ordinance is not covered.
Professional bodies such as medical establishments, law firms, IT companies or financial institutions can also be covered.
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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