Professional Indemnity Insurance covers financial loss sustained by customers when you make mistakes, e.g. faulty or inadequate advice, loss of documents etc… The cover includes the cost of compensation awarded to your client as well as legal costs incurred in defending the claim.
Professional Indemnity is particularly useful for the following:
- Design and build contractors
- Management Consultants
- IT Contractors
This is just an example, the number of activities for which this cover is essential are too numerous to list here.
To find out more and to obtain an indication of terms, please complete the following short form and we shall be in contact with you: