What is professional indemnity insurance?
Do I need professional indemnity insurance?
Professional Indemnity Insurance provides the business or person with protection against losses, which are a result of the professional’s negligence. This can cover the costs that result in defending a claim that may not be successful, or the actual loss (i.e. damages). Either way, managing the risk in this way provides peace of mind, as well as giving clients protection
• The limit of indemnity is inclusive of legal defence costs and expenses
• Option to increase limit of indemnity to £2,000,000 or £5,000,000