Knowing the correct Professional Indemnity insurance cover for your small to medium-sized business can be complex, thankfully East Yorkshire Insurance Brokers based in Hull are here to help.
Professional indemnity insurance protects you from lawsuits filed by clients or other parties alleging loss or harm as a result of negligent services or advice you gave. Even if you provide a service or advise for free, you could still face compensation claims. This coverage is beneficial for any business that offers a professional service or advice and faces the risk of being sued if the advice given is incorrect or misleading which could result in a financial loss for your client.
Professional indemnity insurance protects the policyholder from the costs of legal action brought against them in relation to financial losses brought on by the carelessness, error, or omission in professional advice or services rendered by your company.
Traditionally professional indemnity insurance was required by solicitors, estate agents, insurance brokers and doctors but nowadays many business that provide a professional service require professional indemnity.
East Yorkshire Insurance Brokers are here to guide you through the process and the applicable covers for your professional indemnity insurance. You may be concerned about being sued or if your professional indemnity insurance will cover the cost of an error or omission made by your company. These covers are normally included under a standard professional indemnity insurance as well as other civil liability claims.
When arranging your professional indemnity insurance, we’ll guide you through the process and ensure you have the correct insurance covers in place.
With over 10 years of experience, East Yorkshire Insurance Brokers an appointed representative of Ten Insurance Services are your local independent expert for all your business Insurance requirements. Based in Hull, East Yorkshire Insurance Brokers believes in offering a friendly and personal service for a wide range of commercial insurance products for small to medium-sized businesses.
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Whether you’re looking for landlord insurance, shop insurance, contractors’ insurance, fleet insurance or professional indemnity insurance we believe in giving you confidence in your insurance cover by using our experience and knowledge to build long-lasting relationships.