A lot of people ask why they need Professional Indemnity Insurance. And while I'm happy to help you understand the benefits of this kind of coverage.
Professional Indemnity Insurance is one of the most important types of insurance policies you can buy. It covers you against legal claims that may arise from your business, whether they're made by employees or customers and it will reimburse you for their expenses in defending themselves against those claims. That's a big deal! Without this type of coverage, you're at risk of having to pay for legal fees out-of-pocket if someone sues you for something related to your business. And even if your business isn't sued, it could expose you to financial liability if someone makes a claim against your company that affects your bottom line (like loss of revenue).
Professional Indemnity Insurance is one of the most important types of insurance policies you can buy. It covers you against legal claims that may arise from your business, whether they're made by employees or customers and it will reimburse you for their expenses in defending themselves against those claims. That's a big deal! Without this type of coverage, you're at risk of having to pay for legal fees out-of-pocket if someone sues you for something related to your business. And even if your business isn't sued, it could expose you to financial liability if someone makes a claim against your company that affects your bottom line (like loss of revenue).
