Professional Indemnity provides cover if you become liable to a client following an error or omission in the advice you have provided and as a result your client has suffered a financial loss. Consider professional indemnity as covering you and your company against a non physical mistake or mishap (whilst liability cover, covers against a physical mishap).
Here are some examples of how a professional indemnity claim could come about:
- An IT company is contracted to back up a companies database, but when their server fails, the IT company cannot find the back ups, resulting in a financial loss for their client.
- A photographer looses a recently married couples pictures, causing the couple emotional distress.
- An engineer, incorrectly designs a building resulting in part of a building to be rebuilt.
How can we help you with your professional indemnity needs?
The Limit of indemnity can vary usually depending on your occupation and requirements.
Check out our sample quotation and then contact firstname.lastname@example.org, 0818 9196999 or complete the request a quotation section and we will call you back..