Professional Indemnity Insurance is an important type of business insurance, designed for businesses that give advice or provide a professional service to clients. It can cover compensation claims if legal action is brought against you by a client for making an error that leads to financial loss.
Professional Indemnity Insurance
From consultants to caterers, contractors to those in construction, if you are providing advice or a professional service, you need this cover to defend yourself against allegations that you’ve not done your job properly. Professional indemnity insurance will cover you for wrongful advice, negligence, errors or omissions by you that could cause a client to suffer a loss, either to their reputation or financially.