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Professional Indemnity Insurance
The insurance available to protect the professional against his legal liability for a breach of professional duty is “Professional Indemnity” (PI). A typical PI policy will provide indemnity “…against losses arising by reason of any neglect, error or omission”.
It is of course important to remember that the professional may not have breached his duty of care but still requires cover for the defence of any such claims. PI not only covers defence costs, but it would also pay for any damages and claimants’ costs should they be awarded against the insured professional.
If you would like a quotation, please contact us on 0118 981 0222 or email insurance@jbi-ins.co.uk and we will arrange for an application to be forwarded to you for completion. |
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