PROFESSIONAL & FINANCIAL RISKS
Do you provide what is considered a 'Professional Opinion' to your client?
As Insurance Brokers and professionals offering advice daily, we understand the value of your professional reputation and the importance of offering high-quality advice and services.
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Professional Indemnity Insurance (PI) is a specialised policy designed to protect individuals and businesses from financial loss in case they are sued for providing negligent advice, services, or other errors in their professional capacity.
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Whether you're an accountant, consultant, lawyer, architect, or any other professional offering expertise, Professional Indemnity Insurance safeguards you from claims made by clients or third parties who believe they have suffered financial loss due to your actions or advice.
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Key Benefits of Professional Indemnity Insurance:
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Covers Legal Costs and Damages: If a client alleges you made a mistake or gave faulty advice, PI insurance covers legal fees, settlements, or court judgments.
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Client Confidence: Holding this insurance demonstrates your commitment to professionalism and can help build trust with clients.
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Essential Protection for Professionals: From minor mistakes to complex claims, PI insurance ensures that your business stays protected no matter the circumstances.
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Other types of Professional & Financial Risks you may need to consider are:
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Association Liability
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Cyber Liability
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Employment Practices Liability
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Crime
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Directors and Officers Liability
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Medical Malpractice
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Statutory Liability
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