This is a policy which acts as safeguard for companies and their sister concern so that any careless attitude cannot bring any harm. This policy is designed such that if one needs to pay to the legal in case one looses it or if one pays for any mistake or if it has to pay for any fault. This also helps in regaining any loss or damage. This policy is open for companies like call centres or for companies who hire people which deals with finance, media, law, could also be consultants and other people who are professionals. Tata AIG General Insurance provides service and policy which is absolute elegant and has class in it where Companies such as Information Technology makes full use of it. Along with all facilities there are no flaws but there are conditions levied. To understand these exclusions we can say that no acts which not right is not accepted, similarly there cannot be claims for injury which is on body or any property which is damaged. All types of contracts are exposed and not hidden that means that the person who is insured in this is actually competing with claims which are already insured. Hence we say the word indemnity is a declaration where in case of any mistake one is absolute safe without any risk.