Professional Liability
Insurance

Professional liability insurance is designed for professionals who provide advice or services to their customers. It protects your business against legal costs and claims by third parties for damages arising from acts, omissions or breaches of professional duty in the course of your business.

In real terms, this means that if you do something (or neglect to do something) in the course of your work, and a customer suffers injury or financial loss as a result, they may take legal action against you. With the right policy, you can defend your business against the claim and prevent financial loss.

It costs time and money to defend against a claim of malpractice, professional misconduct, or breach of duty. You could be held responsible not only for your own actions, but also for those of your partners, employees or volunteers.

A professional indemnity insurance policy safeguards your business by providing cover against such claims, including legal defence costs. So you can confidently go about your work.

For many professions, the associated governing body sets strict guidelines specifying a level of professional liability insurance cover that is required to trade.