22.01.2017 Views

Professional Indemnity Insurance Ultimate Guide

https://blog.constructaquote.com/professional-indemnity-insurance-ultimate-guide/ Professional indemnity insurance is essential for you as a business professional or consultant as it could protect your business from legal disputes and accusations of negligence made by your clients. By having this insurance, you are protecting your business from potential claims sought from clients – making it worth the additional insurance premium.



https://blog.constructaquote.com/professional-indemnity-insurance-ultimate-guide/

Professional indemnity insurance is essential for you as a business professional or consultant as it could protect your business from legal disputes and accusations of negligence made by your clients. By having this insurance, you are protecting your business from potential claims sought from clients – making it worth the additional insurance premium.

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The information provided within this eBook is for general informational purposes only. While we try to keep the information up-to-date<br />

and correct, there are no representations or warranties, express or implied, about the completeness, accuracy, reliability, suitability or<br />

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this information is at your own risk.<br />

By downloading this eBook, I acknowledge responsibility and liability for use of its content, and additionally liabilities relating to events<br />

that may occur from using its content. I hold constructaquote.com and Moorhouse <strong>Insurance</strong> Group entirely free from any liability,<br />

including financial responsibility for damages incurred, regardless of whether damages are caused by negligence.<br />

By downloading this eBook I forfeit all right to bring a suit against constructaquote.com and Moorhouse <strong>Insurance</strong> Group for any reason.<br />

YOUR GUIDE TO<br />

PROFESSIONAL<br />

INDEMNITY<br />

INSURANCE<br />

<strong>Professional</strong> indemnity insurance is essential for<br />

you as a business professional or consultant as it<br />

could protect your business from legal disputes<br />

and accusations of negligence made by your<br />

clients. By having this insurance, you are protecting<br />

your business from potential claims sought from<br />

clients - making it worth the additional insurance<br />

premium.<br />

<strong>Professional</strong> indemnity insurance covers legal<br />

costs, expenses, and compensation paid to a<br />

claimant as a result of a service, which has been<br />

proven to be inadequate or negligent in any way,<br />

resulting in a financial loss for your client.<br />

The concept of negligence is subjective. Without<br />

proper insurance cover, you may not have access<br />

to the advice and legal defence you need in the<br />

event of an allegation and claim.<br />

Throughout this guide, we will look at all aspects<br />

of professional indemnity insurance, including<br />

industries where it is recommended. We will also<br />

review some example claims to provide a full<br />

understanding of this product.

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