Legal Professional Indemnity Insurance
Professional indemnity insurance protects professionals from any kind of financial loss caused by the claims made by their clients. This specific insurance policy protects a professional to ensure that the amount of compensation asked by a professional can be met easily. Hence, professionals including lawyers are required to have an adequate cover before start practicing their skills or knowledge.
Lawyers or any other legal practitioners defend people when they are trapped in a dispute. In the event, if a lawyer give incorrect legal advice or fails to provide the right solution for the problem – a good legal professional indemnity insurance can safeguard his/her practicing rights. Having a good indemnity insurance policy not only pays for the financial loss to clients but also helps in sorting out a mistake as and when it arises.
Lawyers or any other legal practitioners defend people when they are trapped in a dispute. In the event, if a lawyer give incorrect legal advice or fails to provide the right solution for the problem – a good legal professional indemnity insurance can safeguard his/her practicing rights. Having a good indemnity insurance policy not only pays for the financial loss to clients but also helps in sorting out a mistake as and when it arises.
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professional indemnity insurance
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