Professional Indemnity Insurance
If your business provides advice to clients for a fee, the advice you give could expose your firm to significant costs if you are not correctly insured. Even if you have done nothing wrong, or made a seemingly minor error, you will still need to defend yourself if an allegation is made against your firm and your professional conduct is called into question. Grayside can help protect you in these situations by arranging Professional Indemnity Insurance.
Professional Indemnity Insurance provides you and your business with vital support in the event of legal action by covering your legal costs, along with any additional fees or compensation awarded against you, so long as your conduct is not found to be criminal.
For certain professions such as solicitors, Professional Indemnity Insurance is compulsory but it’s a practical consideration for a wide range of professionals including accountants, estate agents, doctors and interior designers. Typical covers found in a Professional Indemnity Insurance policy include:
- Libel & slander
- Errors & omissions
- Breach of care
- Loss of documents or data
- Confidentiality breach
- Infringement of copyright
To discuss a Professional Indemnity Insurance policy with one of our team simply get in touch today.