You believe that the services that you offer are exemplary and you have confidence in the quality of the work you produce, but the reality is that any business, that provides professional services, can find itself facing claims for negligence when the client’s expectations are not met. Whether fair or not, any claim from defamation accusations to breach of a copyright will prove to be disruptive and costly, both professionally and personally.
The professional Indemnity Insurance offers cover to protect against threats such as alleged negligence or breach of contract that arises from errors, omissions or acts while at work providing professional services. A professional Indemnity Policy offers an all-inclusive compensation for assets against financial loss claims, damage or injury arising from an error, omission or act in performing professional services.
Professional Indemnity insurance can guard against the risks of legal action arising from professional advice and opinions given by experts who sell their skills and knowledge. Every policy is designed to cater for legal action instigated against you for incidences such as:
•Damage or loss of documents
•Infringement of trademark, broadcasting rights or copyright
Professional indemnity can be included as part of a larger business package or it can be a stand- alone policy. These policies offer protection from £50,000 up to £5m, and many of them have convenient monthly premiums.
At IndemnityInsure, we have meticulously reviewed the current offerings in the marketplace and can offer the best Professional Indemnity cover, at the right price, from some of the top insurers in the UK.
Simple and Quick Quotes– Our modern systems offer instant quotes and if you wish to take the cover proposed, we can supply the relevant insurance certificates in less than 15 minutes.
Award winning selection-We have worked diligently to partner with the leading insurers in the UK in a bid to ensure that our customers receive top class policy selections that are the best the market has to offer.
Specialized agents at your service– We have an expert call centre staffed with experienced agents who ensure that specialized assistance is just a phone call away.
Flexible policies- We are skilled in creating custom policies that meet your business needs exactly.
Our Policies are Flexible- Receive a policy that’s specifically tailored to the needs of your business – nothing more, nothing less.
It also covers legal costs and other expenses for defending a claim and any cost or compensation that may be awarded subsequently after:
•Professional negligence such as errors in your work or poor advice given Unintentional breach of copyright or confidentiality
•Libel and defamation
•Loss of data or documents
•Loss of goods or money for which you are responsible
It may not be compulsory to have indemnity cover, but not having this cover could expose you to a liability for hundreds of thousands of pounds in compensation payments and legal fees. Just like all other insurance policies, the cover and level of limit is dependent on the package that you choose.