If you're in the business of selling your specialist knowledge or skills then it's important you think about covering your business for Professional Indemnity. Otherwise you risk some rather scary claims if your work turns out to be negligent, or if you have made serious mistakes that negatively impact your clients business.
Professional Indemnity insurance requires that the policy is in force when a claim is made, not for when the mistake is made. Without it you expose your company and risk being sued for all sorts of claims.
Metcalfe Insurance Services offers Professional Indemnity insurance that protects businesses offering professional advice or services. The package covers your business for the cost of compensation sought by a client (and resulting legal costs) if you have made mistakes or have been found to be negligent. We can provide a wide range of Professional Indemnity cover for most professionals including financial consultants, web designers, lawyers, advertising agents, accountants and small businesses. Even building contractors need this cover. In some cases some clients may insist that cover is in place before hiring your services. Please note that some professionals are obliged to take out this cover.
Professional Indemnity insurance can cover some or all of the following areas:
A Professional Indemnity cover would pay all reasonable costs incurred in the defence or settlement of such claims arising from the above.
Most businesses would not need Professional Indemnity Insurance alone and this cover is often incorporated with others such as Office Insurance, Liability Insurance, Directors & Officers Insurance, Commercial Legal Expenses and / or Employment Protection Liability and Motor Insurance.
To receive a Professional Indemnity Insurance quote
please complete the form below:
