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Sunday, August 7, 2011

Professional Liability Insurance To Become Mandatory For The Construction Of The Ethiopian

In moves designed to make the Ethiopian construction sector more accountable, the Council of Ministers wants to introduce legislation that will make it mandatory for consultants and contractors professional liability insurance. The proposed regulations cover the amount needed depends on the number and type of each project.


As shown in Figure addisfortune.com at least one industry leader noted that while this measure to protect the industry over time, the absence of an effective licensing and registration can bring guests to award contracts business consultants and less skilled, they can charge less because they have managed to avoid the cost of professional insurance.




You can obtain highly competitive Professional Indemnity Insurancecover for hundreds of different professions by calling at 01480 470220

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