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Simply Business compares leading professional indemnity insurance providers, including...
Professional indemnity insurance starts at only £6 per month, depending on the level of cover you want
There are a wide range of cover options so you can choose the best level for your business – this can be up to £5 million worth of cover
Certain professions may require specific policies tailored for their jobs – such as accountants, surveyors and many more
Any solicitor fees, expert counsel or legal fees that may be required are also included in your cover
Answer some quick questions about your business.
Your answers determine the level of cover you require and the different options you can select.
Review your options and choose the right deal for your business requirements
Professional Indemnity Insurance is a liability insurance that is designed for those who provide professional advice and services to others. It helps protect you against any negligence claims that could be made by clients should a mistake happen regarding your advice or their data.
Regardless of how prudent your company is with accuracy and security, there is always the possibility a mistake can be made. Professional Indemnity Insurance will cover issues such as; losses of documents and data, losses of funds, breaches of copyright, mistakes made in clients work and defamation or libel.
Professional indemnity insurance is not normally mandatory for businesses, apart from those in certain professions, such as solicitors, accountants, architects, chartered surveyors, financial advisers and some healthcare professionals. This is because their professionals or regulators demand it due to the importance of the advice they provide.
Regardless of this, it is always advisable to take out Professional Indemnity Insurance if you give professional advice to customers or deal with sensitive or confidential data.
Please use Simply Business' online comparison service. Should you have any queries, simply call the number on the comparison journey to help You get the right deal for your business.