Professional Indemnity Insurance

If you are a freelancer providing advice or services you are considered an expert which means you owe your client a legal duty of care. In any event you are being paid for your services.  If one day you provide an erroneous service you could be held legally responsible for damages caused to your client.   This could leave you with the prospect of substantial legal fee's and if held liable, responsible for paying compensation for the financial loss incurred.

You may expect the main contractor to be insured although with freelance projects, risks can never be totally eliminated so don't let an unexpected mistake or incident take you out of business.  
 

What is Professional Indemnity Insurance?

Professional Indemnity Insurance protects you if you have made a mistake or are found to have been negligent in performing a service under the terms of your contract.  The standard to be set is that of a “competent person”.   Professional indemnity insurance will pay the legal fees required for you to defend yourself aswell as cover the expenses for damages that you may be held liable for up to the policy limits.  

For years, professional indemnity insurance has been a mandatory requirement for other white collar professionals like accountants, solicitors and doctors. Because of the increasing litigious society that we live in it is becoming increasingly common for end user clients and staffing agencies to request a freelance consultant to have adequate cover in place before contracts are awarded.   In any event it looks more professional on your part if you do have this cover. 

At Insurance Options our focus is to provide freelancers like you with the best advice. In partnership We work with a large panel of insurers to provide a whole of market comparison.  

Remember -  For just a few pounds a day there is an insurance solution that can safeguard your personal and company assets. The solution is called professional indemnity insurance.  
 
 

Cover is easy to obtain from us.  It takes just a few minutes to apply.  Call us or complete the online quotation form. To get a cheap professional indemnity insurance quote please click here or call us on 0121 382 1001.

Reduce the risk to your business today by obtaining a professional indemnity quote from us.