Professional Indemnity Insurance
Professional indemnity will protect you in the event that your work does not live up to client expectations. Any breaches to your ‘duty of care’ to a client such as negligence, mishandling of intellectual property or ill-informed advice could get you in a bind. Professional indemnity covers the legal fees associated with a claim, as well as compensation costs if your client suffers a financial loss as a result of your work. Ultimately, professional indemnity will cover your mistakes.
Professional indemnity will protect you;
- if your work doesn't meet client expectations.
- against unintentional copyright infringement.
- if you make a negligible mistake, such as breach of confidentiality.
- against losing or mishandling client data, which could arise as a result of a faulty computer, misplaced or stolen hard drive.