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Professional Indemnity

Professional Indemnity ImageProfessional Indemnity insurance is designed to cover your business for the legal costs and expenses that might be incurred if you find yourself the subject of litigious action. You may find that you are facing legal action as the result of a client feeling that they been provided with sub-standard advice, designs or services, and have as a result lost money. Facing a claim of this sort without adequate legal cover could have a significant impact on your business.

Legal fees, compensation pay outs and lost revenue can all add up to a substantial bill.

Professional Indemnity insurance isn’t required by law in Great Britain, Northern Ireland, the Isle of Man or the Channel Islands for tradespeople. While it’s not required by law, you should consider the potential financial impact of someone taking legal action against you for the professional advice that you have given.

If you’d like to find out more about how Professional Indemnity insurance could cover you for the costs associated with being sued relating to advice and guidance that you have provided in your professional capacity, please ring us on 0800 915 0486.