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Professional Indemnity Explained
Professional Indemnity Insurance is designed to protect businesses and professionals against legal costs and claims for damages from clients and third parties due to an act, omission or breach of professional duty in the course of your business. These claims can stem from allegations of negligence, misrepresentation, violation of good faith, or inaccurate advice.
Insurance Tip
One of the unique aspects of Professional Indemnity insurance is that it typically operates on a 'claims made' basis. This means that it's not the date of the incident causing the loss that triggers coverage, but rather the date when a claim is made against you.
Top Occupations
View our top occupations for Professional Indemnity.
Accountant
Financial professional who provides expertise in managing and analyzing financial records, taxes, and financial reporting for individuals, businesses, and organizations.
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