Professional Indemnity
Professional Indemnity Insurance is a vital cover for any profession where advice, design or specification form a key role to the business practice.
Businesses are exposed to losses from many areas, therefore making Professional Indemnity Insurance critical to the safety of your business.
It not only covers any award against you but may also cover the inevitable legal fees.
Professional Indemnity Insurance provides protection against:
- Potential claims of breach of professional duty against the business
or an individual representing the business. - Legal costs incurred in defending a claim as described above.
Depending on the scope of cover, other elements of professional risk are covered, either automatically, or as extensions to the policy. These can include:
- Libel & Slander
- Liability for Loss of Documents
- Breach of Confidentiality
- Breach of Copyright (unintentional breach)
- Liability arising from dishonesty of employees
- Breach of warranty of authority.
