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Professional Indemnity Insurance UK


Professional Indemnity insurance UK is an essential requirement for a wide range of professional advisors. It ensures that your business is adequately protected against incurring heavy financial losses. Not only is it those practising occupations, such as Accountants and Surveyors, who face the increasing threat of being sued for providing an allegedly substandard service, but many of the newer professional risks.

The policy will provide indemnity against legal liability to pay damages and claimant's costs and expenses as a result of a breach of professional duty occurring in connection with the business. The insurance covers the acts, errors or omissions of the policyholder, partners or former partners, directors, employees and agents. In addition, the policy can include cover for liability arising out of dishonesty of employees, libel and slander and lost or damaged documents.

Only the professional can select the amount of cover that is appropriate to his business, but it is important that a realistic view of potential damages and legal costs is taken. Being underinsured can be almost as financially disastrous as being under insured. We are able to provide quotations with indemnity limits from £100,000 to £10,000,000, higher if required.

All Professional Indemnity insurance UK enquiries are individually underwritten by the insurers and as a result a fully completed proposal form is always required by the insurer. . If you have already completed another insurer's proposal form or a renewal declaration we will be able to provide an indication of premium if you fax or email a copy of the form to us.
 

Adobe PI Prop