A professional indemnity policy will offer cover for compensation, 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 or provide designs 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
You may feel confident in the quality of your work, but any business is vulnerable to a claim of negligence when professional advice or services fail to meet a client’s expectations and cause financial loss.
We offer a wide range of standard and customised policies from which you can choose the levels of protection to suit your specific needs. We have access to a wide range of insurers and so can obtain quotations to secure the most competitive terms on your behalf.
Investing in Professional Indemnity insurance means not only will your legal costs be met but should a claim be proven, the cost of meeting any compensation payments will also be covered, upto your insured limit.
Any Negligent act, error or omission
Loss of Documents/Data entrusted to you
Unintentional libel, slander or defamation
Unintentional infringement of intellectual property rights
Unintentional breach of confidence, confidential duty or misuse of information
You may not be aware but when you are considering Professional Indemnity insurance the cover is usually on a claims made basis. This means that the policy will only cover claims that are made while the policy is in force.