Miscellaneous Professional Indemnity
Everyone owes a duty of care to show reasonable skill when they are engaged to provide a service to someone.
If someone fails to exercise this duty (i.e. is negligent) they may be liable for losses incurred by their client, and/or third parties. The problem is that even if you are innocent it may be costly to prove it/ defend the allegation of neglect. That’s where Professional Indemnity comes in.
Professional Indemnity insurance ( PI Insurance) is a type of liability insurance that provides cover for the financial (note that it is financial consequence only) consequences of neglect, error or omission by the firm taking out the policy.
Download our Miscellaneous Professional Indemnityproposal form here.