Professional Indemnity Insurance
Professional Indemnity Insurance, also known as PI Insurance or Indemnity Insurance can help to protect you if a claim is brought against you by a client due to a problem arising out of the work you have done for them. There are many kinds of businesses that take out Professional Indemnity Insurance, these can include Engineers, Builders, Accountants, IT Consultants, Journalists, Financial Advisors, Insurance Brokers or anyone else providing a design or offering professional advice for a fee. A Professional Indemnity policy offers cover for compensation that you may need to pay out to correct a mistake. It also covers any legal costs from negligence such as giving incorrect advice or accidentally making a mistake within your work. PI does not cover fines or compensation you are ordered to pay should you be found guilty of a criminal act by a Court of Law. Please call us to discuss your individual requirements.