What is Professional Indemnity Insurance?
Professional Indemnity Insurance protects your business from financially crippling and often reputation-damaging claims by dissatisfied clients.
Some of the danger areas your business could be exposed to are listed below:
- Intellectual property: unintentionally infringing on others' copyrights, trademarks, broadcasting rights, any act of passing off
- Loss of documents/data: damaged, lost or stolen data and documents belonging to your clients
- Dishonesty: liability arising from the theft of your clients' money
- Negligence: or breach of duty of care
How will Professional Indemnity Insurance protect your business?
Professional Indemnity from Caunce O'Hara works in a number of ways:
- It will cover you if you make a mistake in the professional services you have provided that leads to a dispute with a client.
- The Indemnity insurance policy will also cover the cost of fixing any mistake on your part, thus avoiding a larger claim being made.
- You are also protected if you lose or damage any clients' documents in your care or if one of your employees are involved in the theft of a clients' money.
Benefits of professional indemnity Insurance also include:
- Direct access to specialist claims staff and advisors who understand your industry
- Access to specialist legal teams to defend a claim in court
- Avoiding large legal costs your business would otherwise have to pay for
- Protecting your reputation as well as the bottom line
Contact us online for more information, call our insurance brokers in Manchester on 0161 833 2100 or get an immediate Professional Indemnity Insurance Quote.
