Professional Indemnity Insurance (PI) is a type of business insurance that protects you if you make a mistake in work you produce for a client, or if you provide advice to your client that causes them a financial loss.
It also covers legal costs and expenses in defending a claim as well as compensation payable to your client for loss or damages.
All businesses that provides a professional service to clients should consider carrying professional indemnity cover for peace of mind that you are covered in case any mistakes, errors and omissions occur.
Getting professional indemnity insurance cover is quick and simple, with the option to pay monthly and spread the cost over the lifetime of the annual policy.
For significant terms and conditions, view the Key Facts document
Price indication includes Insurance Premium Tax (IPT) at 12% and is based on a business consultant with a turnover of up to £25,000, no claims history and meeting all underwriting criteria.
If you would like to speak to one of our IR35 experts about your IR35 status, please contact 0333 321 1403 for details and to book an appointment.