What is Professional Indemnity Insurance?

Professional indemnity insurance, also referred to as errors and omissions insurance, covers your business if you are sued for negligently performing your services, even if you feel you haven’t made a mistake.

Why do I need Professional Indemnity Insurance?

Professional indemnity insurance affords your business protection from the risks you face every day whilst carrying out your profession.

As a discerning professional running a business, serious consideration needs to be given to arranging professional indemnity insurance if your business:

Provides a professional service.
Regularly gives advice to clients.
Is required by a professional or regulatory body.
Is required by a company you contract to under contract. Usually a level of cover is also stipulated.