Professional Indemnity Insurance
This type of insurance indemnifies the policyholder as a result of a professional negligence or an error /omission that has caused a financial loss.
The policy covers:
1. Compensation to the third party
2. Claimant costs and expenses
3. All expenses in defending the legal action
The amount of insurance varies depending on your business and there are a number of professional occupations where professional indemnity insurance is mandatory. If you provide professional advice as part of your business. than you need to have this insurance cover.
We cater for a variety of occupations and we would ask you to contact us so that we may provide you with a quotation.