Professional Indemnity
For businesses that offer knowledge, skills or advice as part of their work Professional Indemnity is a form of protection against compensation owed to a client.
Not all businesses need Professional Indemnity, but for organisations or professionals whose advice may lead a company to change its strategy it can bring some peace of mind. For small businesses providing professional services, the self-employed or consultants Professional Indemnity can be a game changer.
What Does Professional Indemnity Insurance Cover?
Cover usually includes financial loss and reputational damage to a customer via a breach of confidentiality, professional negligence, bodily injury, property damage legal fees and more. If you are a business owner this cover can even extend to your employees.