Professional indemnity insurance protects your business against compensation sought by a client if you have made mistakes or are found to have been negligent. Professional indemnity insurance will also cover any related legal costs.

 

Most professionals now realise the need to carry professional indemnity cover. If you are a lawyer, accountant or financial adviser, then you must have professional indemnity insurance. However, increasingly greater numbers of professionals and business people who offer advice, and sell skills or knowledge, opt for peace of mind by taking out such cover as well.

 

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