What will my indemnity insurance cover?
Designed to cover your business against damages to your clients
Professional Indemnity Insurance (PI) is designed to cover your business against compensation/damages to a third-party claimant. This includes, but is not limited to :- the cost of reparing damages, current and future loss of earnings and any other impact against the company as a result of your negligence or bad advice.
If your business is exposed to the following risks, we highly recommend a Professional Indemnity policy.
- Breach of copyright or confidentialiy.
- Dishonesty of defemation.
- Loss of documents or data.
- Disputes over IP (intellectual property).
Obtain the correct level of cover
We tailor for your specific needs
At B&M Insurance, our professional indemnity cover can be tailored to fit your individual business challenges, ensuring you are fully protected and are only paying for what you need. So how do you know what the right level of cover is for you?
It is possible that your clients will inform you of the amount of cover needed to cover the project should unfortunate events occur. Its definitely worth asking your client before you begin so you are both prepared for any unforeseen consequences.
Our expert advisors will guide you through everthing you need based on your line of work, and will inform you of any exclusions or additional policies such as legal expenses cover. Whether you are an architect, consultant, accountant or financial advisor, the insurers we work with have a wide range of options for a host of professions.