Contarctor Professional Indemnity Insurance

Can you do without Professional indemnity insurance?

As a professional or expert in your field, you are expected to work to a high standard. This means that what ever you advice would be deemed to be invincible by your clients or customers for whom you are working. This is what the term ‘professional’ implies and this is where things tend to go wrong in the event of a miscalculation from your part. As a professional, you must be well aware that you might make a mistake. However, implication of a mistake depends on the level of advice or service you provide. Remember, that the business environment of today is quite different than it had been in the past. Today, litigations are common, and so are the chances that you would be sued by your customer in case you fail to deliver as per the promised standards.

A Professional Indemnity Insurance is indispensable if you are a professional. Professional indemnity insurance would protect you and your business from litigations and is even a requirement of membership of all of the professional bodies. The choice is yours. Are you ready to take the risk?