PROFESSIONAL INDEMNITY INSURANCE

Professional indemnity insurance covers the cost of compensating clients for loss or damage resulting from negligent services or advice provided by a business or an individual.

Professional indemnity insurance protects you against claims for loss or damage made by clients or third parties as a result of the impact of negligent services you provided or negligent advice you offered.

Who needs professional indemnity insurance

Doctors

Architechs

Charted Accountants

Lawyers

professional indemnity insurance covers?

Professioal negligence

Loss of documents

Loss of money and goods

unintentional breach of confidentiality

Who needs professional indemnity?

Any individual or business can benefit from PI insurance if a mistake could have a costly impact on a client. This includes those who offer specialist advice, services or designs, or those who deal with data and intellectual property.