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Professional Indemnity Insurance gives you piece of mind for you and your clients if things don’t go exactly to plan.
Whatever business that you do you will always work hard to provide the best service you can. Don’t let the unexpected era trip you up or define your business. Make sure you have the right cover in place to keep you moving.
You should always compare professional indemnity insurance quotes.
What is Professional Indemnity Insurance?
It is an important type of business insurance. If you give advice, provide a professional service to clients or handle other people’s data or intellectual property. Where a client loses money because you provide negligence advice, services or designs.
Who needs Professional Indemnity Insurance?
Most small business owners say they worry about making a mistake on client projects. Almost half worry about giving bad advice and some worry about one of their clients making a compensation claim in related to their professional services.
Why should you purchase and need Professional Indemnity Insurance?
Many small business take out this specific insurance. It is a popular insurance if you provide professional service advice, or handle client’s data and intellectual property.
When should I get my Indemnity Insurance?
Some regulative bodies will require business to have professional indemnity insurance in place the minute they start their business. Anyone proving a professional service, handing client data or intellectual property should have it to.
How much Indemnity cover will I need?
This depends on the severity of the financial impact or, a mistake by you in your line of work. It should be enough to ensure you cover the cost of defending or settling any claims you might face. We can tailor your policy to suit your needs so that you are properly protected.
What does Professional Indemnity Insurance cost?
The cost of indemnity insurance expense depends on the nature of the work you do. You can get cover of up to 10 million for all legal cost, including damages and court fees awarded to the defendant.
Can you save me money?
We have providers who can deal with most indemnity insurance. We can also supply details of people we have been able save money on their policy. It will not always be the case but we endeavour to ensure your quote is exactly for the cover you need, at the right price. We don’t just do it on the initial purchase but on every renewal.