What Is Professional Indemnity Insurance?

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Professional Indemnity insurance responds to claims for breach of professional duty or negligence resulting in financial loss.

The cost of defending a claim can be very significant, whether or not the claim is justified and full cost recovery against the claimant is unlikely.

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What Is Covered By Professional Indemnity Insurance?

Professional Indemnity Insurance covers: 

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- The cost of claims for compensation that the business is legally liable to pay,

- The costs of defending the claim. 

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Who Needs Professional Indemnity Insurance?

Anyone whose business is to provide their opinion, advice or other professional services to their clients.

 

Core customers for Professional Indemnity insurance include:

• Lawyers

• Doctors

• Accountants

• Engineers

• Architects

• Consultants

• Valuers

• Brokers

• Investment Advisers

• Real Estate Agents

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Next Step?

Talk to us today to assess your Business Insurance needs - we look forward to hearing from you.

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