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Professional Indemnity Insurance (also known as Professional Liability Insurance) is a form of liability insurance that helps protect you and your business in circumstances where you give negligent advice or provide a faulty service to customers.
If you are a professional consultant, advisor, and service-providing individual (including accountants, tax advisors, business consultants, graphic designers, fitness instructors, nurses, I.T. consultants, or web developers) and you do something that results in harm, injury, loss, or missed financial opportunities for the client, you may be held liable for compensation — and these costs can be significant.
This is just the kind of thing that Professional Indemnity Insurance is designed to address.
It prevents individuals (including sole traders and small business owners) and companies (including medium and large-sized corporations) from bearing the full cost of defending against a negligence claim made by a client during the claim process, as well as the damages awarded in such a civil lawsuit.
Our exclusive professional indemnity insurance is a market leading product underwritten by the pioneers of insurance, Lloyds of London. Due to our exclusive agreement, CorpSure receive 25% greater discount than the regular market due.
Contact us to learn more about the benefits of professional indemnity insurance.
