Regardless of trade, if you are handling sensitive client data and providing a professional service, skills or advice to clients, Professional Indemnity Insurance should be considered essential.
Professional Indemnity Insurance can cover you in the event that your client suffers a financial loss as a result of a mistake or error in your professional service or advice.
Mistakes can occur anywhere – from an architect designing a building which then falls down due to incorrect calculations to a financial advisor providing incorrect advice.
Professional Indemnity Insurance can cover costs to rectify your mistake, compensation costs and legal fees.
Renewal DateIf you provide a professional service or advice, it should be considered essential. Even if there has not been an error in your work, service or advice you could still be challenged for it by a dissatisfied customer and have the costs of defending a claim.
If you are unsure if your business or trade requires professional indemnity insurance, please call us on 01962 774421.
Mistakes can happen. Professional Indemnity can cover negligent acts or errors, the costs to rectify them, compensations costs, legal fees and defence costs if your work is challenged. The policy can also extend to cover unintentional breach of confidentiality, loss of documents or data, defamation and intellectual property.
Always on hand to provide you with information, advice and guidance.
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