Professional Indemnity Insurance
If you give professional advice for a living, one small mistake could result in expensive lawsuits and a damaged business’ reputation.
Professional indemnity insurance is one way to have peace of mind that your assets and brand will be protected if the advice you provide causes a client to take legal action.
Who is it for?
Some of the professions that can be covered include (but are not limited to):
- Accountants
- Advertising agents
- Bookkeepers
- Dieticians
- Draughtsmen
- Employment agents
- Management consultants
- Marketing and public relations consultants
- Naturopaths
- Nurses
- Physiotherapists
- Podiatrists
- Travel agents
- Veterinarians
What does this insurance cover?
Professional Indemnity Insurance can generally protect you, your employees and your business from litigation arising from potential errors and omissions in the execution of your professional duty. Depending on your individual circumstances, it could include:
- Up to 2 hours of legal consultation
- Costs for court attendance
- Reporting period extended
- Contractors cover
- 24 hours claims service
- Monthly premium payments to assist with your cash flow. It costs more for pay by the month.
For more information or to arrange cover for you or your business, please contact the team at CIS Group.