Professional indemnity insurance covers you against claims from your clients if they suffer a financial loss as a result of your negligence. PI Insurance usually covers you for wrongfulness, negligence, error and omission.
Even though this type of cover isn’t mandatory for all types of business, many industry bodies’ regulatory requirements state that many business sectors require PI insurance, including accountancy, engineering, and surveying. Professionals working on a contract basis – such as management consultants, business consultants, and IT contractors – will usually be asked by potential clients and contractors if you have PI insurance when they are awarding contracts.
You never know when a claim will be made against you so be protected from the unexpected. This cover can be purchased as a standalone policy or as part of a commercial combined policy.
So if you’re looking for professional indemnity insurance, get in touch with a member of our experienced team.
Get in touch with our friendly team today to find out more about our professional indemnity cover. Call us on 01629 258959 or fill in our online quote form. Alternatively, if you prefer, you can visit us in branch at 4 Diamond Court, Water Street, Bakewell, Derbyshire, DE45 1EW.