Professional Indemnity Insurance
In an ever-growing compensation culture, the simplest slip can prove ruinously costly. In addition to the impact of legal defence costs, the threat of litigation can severely damage your reputation.
Professional Indemnity Insurance covers you for liabilities that arise from advice you give or services you provide – helping to protect your good name and giving you the freedom to run your business with confidence.
This protection is available for a wide range of professions including business and management consultants, IT professionals, accountants, estate agents, advertising consultants and others.
How does it work?
Professional Indemnity Insurance covers the business and its employees. It also usually extends to cover consultants employed or acting on behalf of the firm and is compulsory in some professions e.g. accountants.
Professional Indemnity insurance – key features and benefits that are available include;
- Claims or threat of claims for breach of professional duty against the business or an individual representing the business
- Claims for infringement on somebody else’s intellectual property rights
- Loss, damage or theft of client documents in your care
- Unintentional breach of copyright
- Libel & slander
- Liability arising from dishonesty of employees
- Legal costs incurred in defending a claim as described above
- Continuous policy cover – no need for a time-consuming renewal process every year
For more information and before you buy you should read and download the following:
You can pay your premium by interest-free Direct Debit.
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