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If you have an undertaking that provides expert services to your clientele, it is highly suggested to take out the right insurance. Continue reading this post to learn more about it. What is Professional Indemnity Coverage?
PI or Professional Indemnity cover is the protection that you need when your clienteles charge you because they are not contented with your doings. Not a legal requirement, but this policy is essential in helping you save a tremendous amount of money in defending yourself. Situations that will Require You to Get Professional Indemnity (PI) Cover
Take note: Be careful about the things that you say or write about your clients. They can sue you for slander or libel when you stain your clients’ public image. Professions that Need PI Insurance The following is a full list, but here are some occupations that necessitate PI insurance to give you an idea:
Things to Consider When Purchasing PI insurance Buying a PI insurance plan depends on the trade you’re into. Here are things to keep in mind:
Talk to a reliable insurance broker now to get the necessary business insurance plan for your convenience and mental peace. At Desmond Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (859) 491-5100 or Click Here to request a free quote.
1 Comment
7/13/2023 06:24:55 am
This article highlights the importance of professional indemnity cover and its relevance in various professions. It explains the situations that may require professionals to have this coverage, such as providing advice, offering professional services, and handling sensitive data. It also mentions that many clients and companies make it a requirement for working together. Thank you for sharing this informative article emphasizing the significance of professional indemnity cover in protecting professionals and their clients.
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