This cover protects individuals and businesses against claims brought against them for financial loss incurred by others as a result of work you may have done for them.
Professionals are exposed to potentially financially crippling losses and so it is imperative that the insurance policy will provide cover for compensation and legal costs incurred as a result of negligence, incorrect advice or mistakes.
Generally businesses will be exposed to such risks if they :
- Provide a professional service and could be challenged on that work as it does not meet clients expectations and produces a financial loss for the client.
- Handle data belonging to others
- Provide advice for a fee
- Handle a clients intellectual property
Obviously the range of professional providing advice is diverse so the risk vary dramatically according to the relevant business but we have facilities and products to provide cover for the vast majority .
Should you wish to speak to one of our professional advisers please contact our team or complete the enquiry form below and one of the team will be in touch shortly to discuss your needs.