From Architects to Solicitors, App Developers to SEO Services and anything in-between, it is essential for you to protect yourself against expensive risks associated with claims brought against you in the course of your professional work.
Professional Indemnity insurance protects you against claims for loss or damage made by your clients or third parties resulting from negligent services you provided or negligent advice you offered in the course of your professional activities. Claims can even be made against you if you provided your services or advice for free.
Whilst many of the traditional professions such as Accountants and Solicitors are required to carry Professional Indemnity in order to trade, more and more firms are increasingly required to carry Professional Indemnity not only for their own protection, but also to satisfy contractual obligations.
If you provide advice, knowledge or skills in the course of your professional duties, you will require Professional Indemnity.
One size does not fit all in Professional Indemnity, with certain Insurers specialising in certain industries and policy wordings varying in the scope and scale of cover. Here at Reich Insurance, we utilise our experience, industry knowledge and Insurer relationships to ensure that you have the right cover for your professional activities irrespective of your profession and size. Every firm is different and we ensure that your Insurer knows exactly what you do, to ensure the cover is there when you need it.
Like us you no doubt pride yourself on your professionalism and the quality of your work, however, mistakes happen and it is important to ensure that you have the cover there when you need it. Even when you have not made an error you may find a dissatisfied client making a claim against you – your Professional Indemnity cover will help to defend such allegations with legal costs and expenses built into the policy.
Additional Covers available from Reich Insurance include:
- Directors & Officers Liability
- Charity Trustees Liability
- Crime & Fidelity Guarantee
- Employment Practices Liability
- Legal Indemnity
For expert advice, contact the Business Team today on +44 (0)161 830 5506 or email email@example.com.