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Professional Indemnity

Any professional who is providing knowledge or skills should consider taking out Professional Indemnity insurance. You could be vulnerable to a claim of negligence if you were to provide incorrect advice or make a mistake. In a culture of claiming compensation through the courts you could leave your business exposed to large payments for legal fees and compensation claims. Don’t take the risk!


Why do I need Professional Indemnity Insurance?

Money, time and legal expertise. You might have one or two but you will need all three if a claim is presented to you. Your cover should be enough to cover the worse case scenario to pay for compensation and to pay for the legal costs of defending you. If an allegation is made against you regardless of whether you are actually at fault or not it has to be defended.

Cover maybe given under the limits of indemnity of £250,000, £500,000, £750,000 or £1 million depending on your requirements.