What is Professional Indemnity Insurance?
Professional Indemnity Insurance (or PI Insurance as it is often called) protects you and your business against the costs of compensating a client if you make a mistake in work for a client that causes them financial or reputational loss. It's not always easy to get the guidance you need to find a policy that’s right for you when you are looking for Professional Indemnity Insurance. But that's where we come in.
Do you need Professional Indemnity insurance?
Whilst Professional Indemnity Insurance isn’t a legal requirement, and not all businesses need this type of cover, many do. Just take a look at our helpful overview below to see if your business should have it.
How much Professional Indemnity Insurance cover do you need?
Professional Indemnity Insurance can usually cover you for anywhere between £50,000 and £5 million, with some policies able to cover you for more. Clearly, that’s a wide range. We can work with you to understand exactly how much you need. As a guide, here are a few of the things we look at when we help arrange cover.
We’re here to help
We would be delighted to help you or your business with your insurance needs. Whether you need a specific product, or a full review of your current set up, just get in touch and we will come back to you quickly.