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These days, it seems that every time you switch on the TV or open a newspaper you find out about another business that has been sued for millions over what seems like a relatively minor dispute.
Professional Indemnity Insurance provides protection against legal action by clients who have suffered or lost money as a result bad or negligent service or advice.
If - heaven forbid - one of your customers suffers a financial loss as a result of alleged neglect, error or omission on your part, professional indemnity insurance will meet your court costs if he or she sues you. It will also cover any damages payable (subject to the limit of indemnity and policy terms).
Customers view any person who gives advice, or offers services in a professional capacity, as an expert - and often won't hesitate to pursue a claim if they feel they have received bad advice. So if you're in a position that means you're regularly giving advice - whether as a lawyer or a plumber - you need to make sure you're covered!
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Once you've paid your one-off registration fee, all you have to do is spend a minimum of £100 a year on Office Supplies or Web-Hosting to continue to enjoy all the benefits of full membership.
Register to our BUSINESS DIRECTORY, promote products and services to other members
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