Professional Indemnity Insurance
Professional indemnity insurance provides protection to individuals and businesses against claims of negligence, errors, omissions, or inadequate work in the course of providing professional services. This means that if your actions or omissions during your work result in injury or financial loss to your customer, they could pursue legal action against you.
With the appropriate insurance cover, you can defend yourself against the claim and mitigate potential financial loss. It is particularly relevant for professionals who offer advice, expertise, or services to clients, such as consultants, architects, lawyers, doctors, accountants, and other service providers.
When considering professional indemnity insurance, it’s advisable to work with an experienced insurance professional who can help you assess your risks, understand policy terms, and select coverage that aligns with your specific professional needs.