According to the latest announcement, Doo Prime Bahamas Limited Secured the Professional Indemnity (PI) Insurance
Doo Prime, an international pre-eminent online broker successfully secured a one-year professional indemnity (PI) insurance for Doo Prime Bahamas Limited, effectively from December 10, 2020.
This PI insurance is an acknowledgement of Doo Prime as a licensed professional, and their dedication in complying with the higher standards of practice in the online trading industry.
Through this PI insurance, the aggregate limit of liability shall be US $500,000.00, being the insurer’s maximum liability exposure to all claims during the PI insurance policy period.
The insurance, often referred to as professional liability insurance or PI insurance, will cover any legal costs and expenses incurred by Doo Prime and any loss or damages incurred as a result of Doo Prime’s liability towards customers.
Moreover, the framework of PI insurance originates from internationally applicable standards of practice, knowledge, and ethics.
Besides, PI insurance shall be governed by and construed in all respects following the laws of Puerto Rico, and the parties agree to submit to the non-exclusive jurisdiction of the courts of Puerto Rico.
Doo Prime prides itself as a global leading online broker, strongly adhering to values in ensuring utmost security and safety for all our clients.
SOURCE Doo Prime
