Professional Indemnity

PROFESSIONAL INDEMNITY

Westmore Insure > Commercial > Professional Indeminty
Professional Indemnity Insurance is compulsory for many professional businesses and services such as architects, engineers, brokers, solicitors, independent financial advisers, accountants, computer consultants. You should also consider taking out professional indemnity insurance if your business gives advice or offers a professional service to other businesses. 

Professional Indemnity Insurance covers you if you are negligent or make a mistake which causes a client’s business to suffer financial loss. A Professional Indemnity policy will protect you and your business from the financial consequences of claims arising from errors and omissions, negligence, bad advice, loss of data, breach of copyright, libel and slander as well as the cost of representation at disciplinary tribunals and award made by ombudsman.

Even if you have done nothing wrong, but a client alleges negligence on your part, you’ll need a Professional Indemnity policy to pay the legal costs of defending yourself or your company
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