Professional indemnity insurance protects businesses and individuals against claims for financial loss resulting from professional negligence, errors, omissions, or bad advice. It covers legal costs and compensation payments associated with defending these claims, helping safeguard your business and personal assets.

What does professional indemnity insurance cover?

Professional indemnity insurance typically covers:

• Professional negligence
• Breach of professional duty
• Civil liability
• Defamation
• Breach of confidentiality
• Loss of documents
• Unintentional intellectual property infringement
• Dishonesty of employees

Coverage varies between insurers and policies, so it's important to understand exactly what is and isn't covered in your specific policy.