claims of negligence, errors, omissions or breach of duty from your clients
Sole Traders to Limited Companies
Helps protects a person or group of people
Accidents & Bad Advice
Mistakes that have affected someone or their business
Previous Work
Protection towards claims against any previous work
Professional Indemnity Insurance is an insurance policy that helps to protect you and your business against claims of negligence, errors, omissions or breach of duty from your clients.
This type of insurance is often required when you provide a professional service or advice, handle client data or intellectual property or if you’re legally or contractually required to obtain it.
Professional Indemnity Insurance is usually taken out by the following professionals:
- Accountants
- Builders, Surveyors and Architects
- Consultants
- Financial Advisors
- Healthcare Professionals
- Contractors and Tradesman
If an individual can ‘blame’ you for loss or damages, it’s more than likely that you will benefit from a Professional Indemnity Insurance policy.
The amount of cover that you will require will depend on the size of your contracts, risk exposure and how protected you would like to be. Common levels of cover range from £250,000 to £5 million however, every business will be assessed on an individual basis and will be provided with a tailored quote to match your requirements.
