The Policy covers all sums which the Insured (such as Architects, Engineers, Medical Practitioners, Lawyers, Chartered Accountants etc.) becomes legally liable to pay as damages to third party in respect of any error and/or omission on his/her part committed whilst rendering professional service.  Legal cost and expenses incurred in defense of the case, with the prior consent of the insurance company, are also payable, subject to the overall limit of indemnity selected and the standard Exclusions specified in the Policy.