Institute for Professional Business Developers and Entrepreneurs (Nigeria) IPBDEN trains, certifies, licence, inspires and empower business developers, business administrators, business managers, business owners, and entrepreneurs through our professional educational training such as workshops, seminars, symposium, conferences, for members and non-members to encourage human capital development, skill acquisitions, management skills, knowledge, business ethics, business laws, and practices so as to enhance, grow and develop entrepreneurial businesses.
IPBDEN PROFESSIONAL INDEMINITY INSURANCE
Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance that helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending their professional errors. Therefore, the institute promulgated this insurance policy to aid its licensed/practicing members ameliorate the effects incurred due to professional advisory errors.
In consideration of the payment of the premium shown in the Schedule, the Insurers agree to indemnify the Insured subject to the terms, conditions, limitations, and exclusions of this Policy.
This policy is renewable every year by the institute’s licensed members during the renewal of their licenses. To benefit from this insurance policy, join the institute and become a licensed member of the instititue.