Protect your services with Professional Indemnity Insurance.

"A qualified Broker can provide you with the advice and assistance to ensure you are properly protected"

A professional indemnity policy will protect professional businesses against third party claims for financial compensation resulting from their or their employees' negligence.

There are several ways in which Professional Indemnity Insurance works. It will protect you in case of a dispute with a client due to a mistake you made when providing professional services. A claim that becomes complicated can be defended by your insurer all the way to the High Court, if need be. The policy will cover you for any damages you become responsible for if you lose, subject to the level of cover you choose

You will also be covered for rectification costs if you make a mistake, which will help you avoid being forced to file a larger claim.

It is important to consider the value of the work you are doing for your clients as well as the potential financial impact it may have if something goes wrong when determining the amount of Professional Indemnity cover you need.

Standard Covers

 

Property

Contents

Business Interruption

Public Liability

Employers Liability

Optional Covers

 

Trustee Liability

Professional Indemnity

Abuse & molestation cover

Legal Expense

Cyber Insurance

Private Medical Insurance

Key Person Insurance

Expert advice from Prima Insurance Brokers

A Professional Indemnity Insurance policy arranged by Prima Insurance can protect your business against reputation-damaging and financial crippling claims made by dissatisfied clients.
In the event of a mistake, even the most respectable businesses can find themselves in dispute.

FAQ

Do I need professional indemnity insurance as a sole trader or freelancer?

While going solo gives you the freedom to work the way you wish, it also increases your risk.

If you are a sole trader or freelancer and potential clients claim you made a mistake or gave bad advice, professional indemnity may assist you in defending yourself and resolving those issues. 

Individuals who work as sole traders may fall under a group of professionals whose insurance needs are determined by their clients - such as professional indemnity and public liability may be necessary to secure contracts.

Is professional indemnity insurance tax deductable?

Yes, since it can be classified as an 'allowable expense.'

Do I need professional indemnity insurance if I work from home?

Indemnity insurance is not premise-based; therefore, regardless of where you work, if you are providing advice, you need PI.