Professional Indemnity

Benefits of Professional Indemnity Insurance

Professional indemnity (PI) insurance applies to individuals and organizations involved in providing services based extensively on personal knowledge and skills. It protects your business against claims for the loss by a client or a third party if you make mistakes and are found to have been negligent. Benefits: Financial protection from lawsuits: Financial losses from lawsuits can interrupt your business. If you have PI Insurance, all the defence cost is by the insurer itself. Such as costs for the lawyer fee, court cost, filing legal papers and more. Peace of mind: Performing......

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pi insurance

Professional indemnity (PI) insurance can cover a broad range of potential risks. Even though things that seem to be small errors can be hugely expensive for you and your business. But with the help of a professional indemnity insurance, it can safeguard your business. Companies that commonly need professional indemnity insurance are; architect firms, recruitment agency, consultancy firms, accounting practices, and much more. But what exactly can PI protect you from? How do you know you are in breach of it? What service do I need to do to get a PI......

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