In today’s legal landscape, relying solely on the mandatory PII limit of RM350,000 per claim may leave your firm exposed — especially when handling complex transactions, high-value litigation, or corporate advisory matters. That’s where a Top-Up Professional Indemnity Insurance (PII) policy becomes essential.
At Minaris, we specialise in tailoring cost-effective Top-Up PII solutions, allowing legal firms to select their aggregate limit based on budget and real exposure — without compromising on protection.
Why Should Lawyers Consider a Top-Up?
Many legal firms underestimate the actual cost of legal claims, especially when they involve:
- Multiple claimants in a single year,
- Complex or prolonged defence efforts,
- Allegations involving misconduct or breach of fiduciary duties.
In such cases, the mandatory limit may be quickly exhausted — and any balance could fall on the firm’s shoulders. A Top-Up PII offers added peace of mind, ensuring your firm stays protected from financial and reputational damage.
How to Assess Your Risk and Choose the Right Limit
Choosing your Top-Up limit isn’t just about guesswork — it’s about strategy. Here are some key factors to consider:
1. Nature of your legal work
High-risk areas like conveyancing, corporate law, and trust management generally require higher coverage.
2. Average transaction size
If your firm regularly handles million-ringgit deals, your exposure is greater than you think.
3. Client profile
Corporate clients may demand proof of higher indemnity limits in RFPs or panel renewals.
4. Claims history
Have you had past claims? The frequency and size of those claims can help you estimate your exposure.
5. Firm size & number of lawyers
The more partners and associates you have, the more potential entry points for liability.
What Is an Aggregate Limit, and Why Does It Matter?
Your aggregate limit is the total payout available for all claims in a policy year.
- A Single Limit (Any One Claim = Aggregate) means one big claim could exhaust the entire cover.
- A Double or Triple in the Aggregate option gives you breathing room for multiple claims. High-growth firms may even opt for RM50 million or Unlimited in the Aggregate — for full peace of mind.
Minaris helps you structure a plan that balances cost efficiency with real protection — customising your limit based on your firm’s size, practice area, and past claim patterns.
Ready to Get Started?
All we need is your firm’s 2026 PII Summary Report, and we’ll prepare a non-obligatory quotation tailored to your needs — whether you prefer single limit, double, triple, or unlimited in the aggregate.
Let Minaris be your strategic partner for Top-Up PII — flexible, affordable, and built around you.
Get Covered Today with Minaris
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📞 Ready to secure your future? Contact us today.
Jayadarshiniy Sankar is a Senior Insurance Advisory Manager with a background in law and over 5 years of experience in professional indemnity and general insurance. She specializes in regulatory compliance and client solutions, delivering tailored coverage with prompt, results-driven support while actively educating clients through industry content and guidance.