Professional Indemnity Insurance
Any business providing professional services to its clients is wise to take out Professional Indemnity Insurance.
Large providers of professional services usually take out this type of policy as a matter of course, however from our own client research, we know that owners of smaller businesses are concerned about making a mistake on a project or even giving bad advice which can lead to a compensation claim.
As with all insurance policies, with professional indemnity cover, you can rest assured that should an issue arise, you are protected to the correct level and in reality, the cost of this type of insurance is never too much to bear for a small business and could save your livelihood in the future.
If your client suffers a financial or professional loss due to advice you have given them, Professional Indemnity Insurance can pay for compensation claims and legal fees that can arise as a consequence.
Although we understand that you offer a professional service in your field of expertise, people sometimes make mistakes and so Professional Indemnity Insurance protects you and should be considered essential in any practice.
Professional Indemnity Insurance cover can include protection for the following:
⬢ Professional negligence, such as errors, omissions or a breach of duty
⬢ A breach of contract
⬢ The unintentional infringement of intellectual property rights
⬢ Defamation of character (libel or slander)
⬢ A breach of confidence or the infringement of privacy rights
⬢ The dishonesty of your employees, partners or directors
⬢ The loss of documents or data
As your commercial insurance broker, we are just a phone call away in the event of a claim. It is our aim to support you throughout the entire process, aiming to minimise stress and disruption to your business.
Our experienced advisers work to protect the organisation you have built with your time, money and personal sacrifice. Our clients are of utmost importance to us so if disaster strikes, we’ll be at your service, at your side – commercial insurance with a personal touch.
HI Commercial also offers flexible payment options if you prefer to pay monthly or a one-off payment.
For immediate cover or to discuss Professional Indemnity Insurance (PI Insurance) with a member of our team please call 01482 247477 or email [email protected].