Professional Indemnity and Professions
You may feel confident in the quality of your work, but any small business is vulnerable to a claim of negligence when professional advice or services fail to meet a client’s expectations and cause financial loss.
Also known as PI insurance or indemnity insurance, Professional Indemnity Insurance can help protect you if claims are brought against you by a client due to a problem with the work you have carried out.
We can arrange professional indemnity insurance which will offer cover for compensation that you may need to pay to correct a mistake or cover any legal costs due to negligence, such as giving incorrect advice or making a mistake in your work.
You may need professional indemnity insurance if you:
- Provide advice to your clients.
- Handle data belonging to a client or business.
- Are responsible for a client’s intellectual property.
- Provide a professional service and could be challenged on your work.
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