Written by: Griffiths & Armour on: 18 Oct 2019
What is Professional Indemnity Insurance?
Professional Indemnity insurance – also known as PI insurance – is intended to protect professionals and their businesses in the event of claims made by a client (or third party) suggesting that they have suffered loss as a result of non-performance, breach of contract and/or professional negligence in the services provided. In addition, the policy will cover legal and other costs and expenses incurred in the defence of any claim. Professional Indemnity insurance provides the ultimate safety net when all else fails. Watch our short video to to find out if your business should consider professional indemnity insurance.