Importance of Professional indemnity insurance
There are several professionals providing consultation services to their varied business clients, including architecture, financial advising, computer consultancy, accounting services and broker soliciting. As human can make mistakes, the professional indemnity insurance policies exists to protect the professionals in case they have neglected their duties, made some mistakes or carried out some negligent actions or statements.
It is the professionals’ duty to deliver their best service to their clients but in case you fail to keep your promise, a professional indemnity insurance plan protects if your unsatisfied client files a case against your errors, neglects and omissions.
The insurance also protects if you have gone through a libel, slander, malicious, falsehood, breach of confidentiality or breach of copyrights. With the coverage of professional indemnity insurance, the professionals are able to handle their legal cases easily and be able to focus on their main core business professionally.
3 comments:
They are humans too. Doctors are just few professionals who should require to have this insurance.
May@Life Insurance Questions
Professional indemnity insurance is beneficial where professionals make some mistake and their client files case against them. In such cases indemnity insurance is added advantage as professionals are also human being. I have indemnity insurance.
product liability insurance
I am fully agree that Pi Insurance protects you from the claims made by the clients when something goes wrong in their business. Very good information is provided in this blog. Thanks for posting..
Pi Insurance
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