Professional indemnity insurance

Professional indemnity insurance plays a vital role in protecting professionals from any unforeseen circumstance. Being a professional, one should understand the worth of professional indemnity as it is closely associated with his or her safety and security. There are a number of benefits of this insurance policy.

PI Insurance provides essential financial protection for a wide range of professionals working in different sectors. It safeguards them from any financial damage in the form of compensation sought by a client while the tenure of the service is rendered. The level of indemnity cover depends on the annual 'estimated' turnover of an individual.

Indemnity Insurance policy varies from company to company and one needs to pay according to the risk involved in the work. So take an amicable policy now to shed off the professional burden.