Professional Indemnity Insurance
Professional Indemnity insurance was designed for any person or business who provides advice and/or services to their customers for a fee. It is designed to protect you against legal costs and claims for damages to third parties which may arise out of an act, omission or breach of professional duty in the course of carrying out your business.
Also known as professional liability insurance, professional indemnity is a form of liability insurance that helps protect professional advice, and service providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client and damages awarded in such a civil lawsuit.
Typical industries requiring this cover include:
- Real estate
- Information Technology