Wednesday, 31 January 2018

What is professional indemnity?

Professional indemnity covers errors and omissions associated with wrongful advice or designs.  It covers an individual or company against claims for professional negligence.  PI cover is very important for any business that relies on their advice such as consultants, brokers, solicitors etc.  It is also important for design businesses as claims for faulty designs can lead to a third party suffering financial loss which triggers a PI claim.
Westralian Insurance can answer your questions on Professional Indemnity and other insurance policies, ultimately providing the best insurance solution for your business.
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