PROFESSIONAL INDEMNITY INSURANCE

Professional Indemnity Insurance is considered a necessity in professional services and in some industries, it is a mandatory requirement to trade.

As a business owner in a professional services industry If someone alleges that you’ve made a mistake, misstated facts, misinterpreted their interests or breached your professional duty of care they may take legal action against you to recover any losses.

The risk of a client making a claim against you whether the allegation is true is immeasurable, Professional Indemnity Insurance acts a level of protection for your reputation, assets and finances. This means you can continue in the day-to-day operations your business without the stress of financial or reputational ruin should a claim arise.

What Is Covered?

  • Personal injury, property damage
  • Personal injury or property damage caused by an unknown defect in the Insured’s Products
  • Contractors and/or Sub Contractors that you as the policyholder have entered into a contract for work
  • Property damage including any loss of property use
  • Liability for property damage to property in your physical or legal control temporarily

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