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View 10 Professional Indemnity Insurance Costs Pics

View 10 Professional Indemnity Insurance Costs
Pics
. The cost of professional indemnity insurance can vary considerably between industries. Find out more about professional indemnity.

Professional Indemnity Insurance Procurement Report - Cost ...
Professional Indemnity Insurance Procurement Report - Cost ... from mms.businesswire.com
This type of policy will cover the costs to defend you against this allegation, and ultimately if the client is successful in suing you, will pay out the damages awarded. Cover for legal costs and expenses is important as litigation involving professionals is often complex. Consider professional indemnity insurance and get covered today.

Your pi policy pays for a specialist solicitor to defend you, and also picks up the tab for any compensation or damages you have to pay.

The policy covers both defence costs and any liability found owing in the event of a claim up to the limit of indemnity. Professional indemnity insurance helps protect professionals against legal liability for breach of professional duty in the conduct of their professional business practice. Professional indemnity insurance will react in circumstances where an error or omission in your services causes, or is alleged to have caused, a third party a financial loss. The cost of professional indemnity insurance can vary considerably between industries.