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Top Engineering Professional Indemnity Insurance Cost Images

Top Engineering Professional Indemnity Insurance Cost
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. Professional indemnity insurance helps protect your business. Professional indemnity insurance (also known as professional liability insurance) is a large and growing sector of the commercial insurance market what does professional indemnity insurance cover?

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Indemnity insurance is a common type of professional liability insurance. Professional indemnity (pi) insurance protects businesses against claims that their specialist services or advice allegedly resulted in financial loss to their clients or customers. An individual approach to protecting your practice's financial security.

Professional indemnity insurance covers your business for both the defence costs and any liability found owing.

Quite simply, it covers the cost of mistakes made when providing professional services. As the name implies, pi insurance indemnifies or protects you against professional or business mistakes. Single project professional indemnity (sppi) is an insurance solution arranged around the covers reasonable fees, costs and expenses incurred by or on behalf of the insured in the investigation. Professional indemnity insurance protects your business if you're found to have provided poor services, bad advice or dodgy design, which has business insurance is considered one of these allowable expenses, meaning that you can deduct the cost of professional indemnity insurance.