Regardless of your level of experience, mistakes can happen. A simple error in judgment, an unintentional privacy breach, or incorrect advice could leave your business exposed to costly legal action.
If your business faces allegations of professional negligence, misconduct, or breach of duty, the financial and reputational consequences can be significant. Professional Indemnity Insurance helps provide essential protection by covering legal costs and liability claims, allowing you to focus on running your business with confidence.
What is Professional Indemnity Insurance?
Professional Indemnity Insurance protects your business from the legal costs and claims for liabilities associated with allegations of negligence, professional misconduct, breach of duty or incorrect advice that you provide to a third party.
If you are a professional, across any industry, that gives advice or provides a service for work you run the risk of being sued. Having indemnity cover for your business will help to safeguard your finances and reputation, giving you peace of mind in the unfortunate event a claim is made against you or one of your employees.
A typical Professional Indemnity policy provides cover for:
- Legal costs incurred in the defence and investigation of a Professional Indemnity claim
- Any compensation required to be paid by the Insured in order to dispose of a Professional Indemnity claim
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How Coverforce can help
At Coverforce, we understand the critical role professional indemnity insurance plays in protecting your reputation and business from claims of negligence, errors, or omissions. Our team of experienced brokers will work with you to secure tailored coverage that meets your industry’s unique risks, giving you the confidence to focus on what you do best.
For more information or to speak to one of our brokers about arranging cover, please contact us.
Alternatively, you can simply fill out a Professional Indemnity Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
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