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Professional Indemnity Insurance
Looking for Professional Indemnity Insurance?
You are a professional, and your clients & customers look to you for advice, guidance, and insight. They trust what you say and do and need your expertise every day. As you know, your expert opinion, recommendation, wisdom, and advice are what customers pay you to do.
But what if your advice was in error, either verbally or in writing? You got something wrong. If your customer loses out following that advice, you could be sued, and getting caught up in litigation is very expensive. Hence the need to have Professional Indemnity Insurance. So you would need protection from the consequences of your errors & omissions that can arise from the advice you gave or your staff gave? If you guide your clients either verbally or in writing, you are at risk of being sued if your client then acts upon that advice and incurs damages. So, you need an excellent professional indemnity insurance quote from Crosby Insurance Brokers. If you need it, we can add the Public liability insurance extension to the policy.
Professional Indemnity cover from Crosby Insurance Brokers is the only way to get protection to mitigate the costs and legal expenses if your client claims against you. If you need Insurance cover for a personal act of negligence by any of the Directors of the business, you can take Directors & Officers cover.
Or complete our online quote form!
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Professional Indemnity Insurance Quote
professional indemnity insurance cover
Our Professional Indemnity Insurance scheme is incredibly competitively priced, and we insure many, many trades, contractors, and professions
- Professional Indemnity insurance is specifically aimed at those trades or professions that provide advice to their clients. This can be given verbally or in writing. Either way, if that advice is wrong, your client can sue you for wrongful advice. Prudent business owners need to obtain Professional Indemnity Insurance; it is an easy and straightforward process to get an insurance quotation. What is Professional Indemnity Insurance? Liability insurance protects tradespeople, contractors, and professionals from being sued if their advice is wrong. For example, an architect could be held accountable for misdesigning the building. In addition, he could be responsible if he installs a staircase in the wrong place. Or maybe a contractor drew plans which were flawed when drawing up plans! This mainly happens all too often in our world today. With technological improvements, it's tough to keep up to date with changes in your industry.
professional indemnity insurance definition
If you don’t see your profession on this list, don’t worry; we can still do something for you. Our Professional Indemnity Insurance definition UK is explained below for those who need some help understanding this policy.
We only use UK-based Insurers to ensure you get the broadest possible cover and competitive premiums.
To find out how much protection and competitive our premiums are and take advantage of our Professional Liability Insurance quote cover, you need to click the short quotation form at the top of the page, which is simple and quick to complete and let us handle this for you. Alternatively, you can telephone 0191 2130748 and speak to the sales team based at our Newcastle office.
Different professions may describe PI Insurance as Malpractice Insurance or Errors & Omissions Insurance. Still, the core concept is to protect you, your business, and your family in case of negligence lawsuits from your clients.
Negligence focuses on your failure or the failure of your staff to perform and to act with care based on expectations or by having a contract, allegations of misrepresentation, and other claims, which can at least, cause a stressful time for you and, at worst, having the stress and financial implications of getting your advise wrong. The financial loss to your client can also threaten their business, home, or family, so having an Insurance quote with the right insurers, who will be there for you and support you and your business, has to be correct.
Are you worried about the costs? Professional Indemnity Insurance cover at Crosby Insurance Brokers gives you much protection for much less money than you’d expect.
You might believe that your Public liability policy covers you, but that is certainly not enough. These policies only cover your physical presence on someone’s property for any physical accidents caused by your physical presence, like falling, tripping, etc. It would help if you had a Professional Liability Insurance policy because of advice given in error, either verbally or in writing, as a Public liability policy excludes this.
Contact us today and enquire about our insurance services
what is professional indemnity insurance
PI Insurance is available to professional practitioners such as IT Consultants, doctors, lawyers, architects, accountants, tradespeople, manufacturers, etc. This policy protects a business from indemnity around claims of negligence.
Here are two reasons to get started today!
- Give yourself peace of mind by protecting your business as soon as you can from claims against you for acts of negligence. Call us at 0191 2130748
- Make your decision NOW! Get a quote for your Professional Indemnity Insurance quote straight away with a no-risk quote. Complete our simple online quote form and we will get right back to you and give you a comprehensive and competitive Professional Liability Insurance cover with a quality policy.
- We can add Office insurance to include Professional Indemnity cover and Directors & Officers cover, click the link here – Office Insurance
We offer more than just a policy
See what we can do for you today
Free
Professional Indemnity Insurance Quote
We offer more than just a policy
See what we can do for you today
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