Professional indemnity insurance is really important if you are providing advice, designs or a service to your clients.
Professional indemnity insurance can compensate your clients from any financial loss resulting from your negligence. It is possible to modify the professional indemnity insurance limit to fit your business requirements.
Professional Indemnity Policies provide cover for:
• Misleading and deceptive conduct
• Defamation
• Breach of Intellectual property rights
• Damages arising from fraud/dishonesty of employees
• Defence cost associated with covered claims
Occupations that may require Professional Indemnity insurance:
- Mortgage Brokers
- Real Estate Agents
- Architects
- Management Consultants
- IT Consultants & Contractors
- Medical Practitioners/Therapists
- Interior Designer
- Graphic Designer
- Travel Agents
- Training Organizations
- Fitness Professionals