Friday, January 25, 2008

Reasons for Taking Professional Indemnity Insurance

Professional indemnity insurance saves any professional from any sudden arises third party claims that may cause a heavy financial loss. This unique method of insurance package offers a great relief and security for professional to practice freely and with no tensions and worries in mind. There are many reasons for which professional insurance can be taken and the reasons which may cause heavy loss for a practicing professional. Here are the few reasons that may cause a real problem in any situation:

• Libel & Slander
• Downloading of viruses to third parties
• Malicious falsehood
• False attribution of authorship
• Passing off copyright or trademarks
• Intellectual property rights
• Breach of Confidentiality
• Breach of normal rights
• Negligent statements

Now, its time for you to secure yourself from all kinds of damages or loses through pi insurance and make your life safer then ever.

1 comment:

Andrea said...

All the reasons that you mentioned above defines the correct reasons for taking a professional indemnity plan. I agree with each one of them and recommends this policy to all the professionals.
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