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If you are a UK Consultant or a Professional who provides any form of business advice or services then you should always consider having Professional Indemnity Insurance in place. In this day and age your customers may ask for evidence of Professional Indemnity Insurance before committing to your services and in some professions, for example Solicitors, Professional Indemnity Insurance is a regulatory requirement.
Regardless of your profession every policy will be tailored towards your needs. With access to a wide range of insurance companies and Lloyds Underwriters we can assure you exceptional value for money not just in terms of premium but also via the very best levels of customer service.
Quotations can be requested on line and there are forms for completion for the more complex risks such as Solicitors and Accountants.
A typical Professional Indemnity Insurance policy will protect you against:
- Negligence or breach of a duty of care
- Negligent misstatement or misrepresentation
- Infringement of intellectual property rights
- Intentional dishonesty of your partners, directors, employees or self-employed freelancers
- The cost of putting things right, if this will prevent a claim for a greater amount being made against you
- If a client refuses to pay any amount you are owed for work you have done, where this will prevent a larger claim against you