Professional Indemnity insurance is a very important insurance cover for businesses or professionals that give advice or provide a service.
Professional Indemnity insurance – also known as PI insurance is intended to protect professionals and their businesses in the event of claims being made by a client (or third party) suggesting that they have suffered as a result of non-performance, breaching of a contract or professional negligence in the services provided by your business or yourself.
In addition, the policy will cover legal and other costs and expenses incurred in the defence of any claim. Professional Indemnity insurance provides the ultimate safety net when all else fails. However, like any other safety net, use of professional indemnity insurance should be avoided as much as possible.
Dover Insurance Services has access to many leading Professional Indemnity insurers which can provide a comprehensive level of cover for your business. Some of the trades we can provide Professional Indemnity Insurance cover for include accountants, recruitment consultants, estate agents, solicitors, surveyors as well as many other trades.
For any information or to discuss your professional indemnity requirements or any other business insurance requirements please contact us.