Protect your professional reputation and finances from claims of negligence or error.
Professional Indemnity Insurance is a crucial safeguard that responds to claims arising from breaches of professional duty or negligence resulting in financial loss.
In the realm of professional services, where opinions and advice play a pivotal role, this insurance is a safety net that protects businesses from the potential financial repercussions of claims.
Compensation Costs: Professional Indemnity Insurance covers the costs associated with claims for compensation that the business is legally obligated to pay due to professional errors or omissions.
Defense Costs: The insurance also covers the expenses related to defending against a claim. These costs can be substantial, even if the claim is ultimately determined to be unjustified.
Professional Indemnity Insurance is indispensable for individuals and businesses offering professional services. Core customers for this type of insurance include:
Professional Indemnity Insurance is a fundamental component for anyone in the business of providing opinions, advice, or professional services to clients. It acts as a financial shield, ensuring that businesses can navigate claims without facing crippling financial consequences.
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