Do you work as a freelancer or contractor? Perhaps you run your own limited company and want to protect yourself in case a client is unhappy with your work or advice?
No matter how diligent you are, mistakes still happen from time to time, some of which can cause your client to lose money.
That’s where professional indemnity insurance comes in. PI insurance as it is also known, protects your business if relations with a client become acrimonious, covering any associated legal costs and expenses you might have to pay to defend a claim made against you. It also provides compensation payable to your client for any loss or damages.
PI insurance can also cover you for the following:
- professional negligence
- unintentional breaches of copyright or confidentiality
- data protection legislation prosecution defence costs
- loss or damage to documents.
Professional indemnity insurance will prepare you for any eventuality
Our freelance professional indemnity insurance cover is quick and simple to implement. With Caunce O’Hara you can buy cover from as little as £7.00 a month, depending on your profession and level of risk. We also offer the option to pay monthly to spread the cost of your premium.
Our team are on-hand to help answer any of your questions regarding PI insurance, as well as your other options in our wide range of freelance insurance products. Caunce O’Hara currently protect approximately 30,000 freelancers and contractors from the more unpleasant elements of business life.
Although professional indemnity cover is not a legal requirement, most companies will insist you carry this type of cover before awarding you a contract for work. PI is also a requirement for many industry regulators and membership bodies.
Established in 1995, we are renowned for being one of the most dynamic freelance insurance brokers in the UK, with a reputation built on our level of care and attention for our clients.
If you would like to know more about our freelance insurance options, simply call our friendly team for more information and a quotation on 0333 321 1403