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Professional indemnity insurance.
ONLINE QUOTE – GET THE COVER YOU NEED
Professional Indemnity cover is designed to protect you from the costly consequences of legal expenses and costs awarded to a third party as a result of advice, services or designs provided that are deemed inadequate. Professional Indemnity cover used to be thought of as mainly required for a few specialist professional occupations, like Barristers, Chartered Accountants and Architects.
However many occupations are now called upon to offer specialist advice or sell professional services as part of their daily job. Engineers, Project Managers and Industrial Specialists often are required to hold this cover by Main Contractors and Principals. Professional Indemnity protects both you and your clients from errors and other inadvertent problems
What it covers
Professional negligence
Mistakes, no matter how innocently made, can cost your customers money and potential give rise to claims against you, which may be expensive to pay or defend yourself against.
Professional Indemnity Insurance can take care of that.
Time delays
Missing deadlines, projects overrunning, clients changing their brief to youmight cause delays which can all lose your customers money.
Professional Indemnity can protect you from legitimate – and unfair – claims they may make against you due to these delays.
Errors and omissions
Errors and omissions – missing a vital piece of information out of a report, even if you were not aware of it at the time, can result in a financial loss for a client of yours.
Professional Indemnity can cover these losses, meaning it protects both your clients and you.
Losses incurred as a result of mistakes, errors, omissions, and professional negligence.
It can also provide funds for:
In an increasingly fractious and pressured business environment, the importance of protecting yourself, and your business should be high on your list of priorities.
FDB Ltd has comprehensive and cost-effective solutions for professionals and will take the time to listen to their requirements and understand their business before recommending solutions.
Who is it for
Earning a living from selling advice or professional service
Running projects for which they derive a salary or income
Who charge separately for advice they provide as part of their overall service
Required to hold Professional Indemnity cover by the Main contract holder
Start a quote for INDEMNITY cover today
Use an online form via the link provided, email m.kreling@fdbltd.co.uk or call on 08081753050
Fenland District Brokers Ltd and are an Appointed Representative of Ten Insurance Service Ltd which is authorised and regulated by the Financial Conduct Authority.