Don’t Be Caught Out For Professional Negligence
Accidents come in all shapes and sizes in the business world. From public liability claims to claims made by your employees against you, there are many pitfalls you could fall into whilst running your trade business. But the one that most people don’t think about is the cases where it’s deemed that your business has been professionally negligent – and these are the kinds of claims where the costs can rack up pretty fast.
Please note that professional indemnity insurance is an optional cover that can be added to your policy. However, some trade policies are not offered professional indemnity insurance at all, so be sure to check the relevant trade page on our Trades section first to see if it is supplied as an optional cover for your trade.
Fortunately, professional indemnity insurance has your back in cases like these. It’s designed to protect your business against any claims of professional negligence that result in financial loss for the claimant, including libel and slander, unintentional breach of confidentiality, infringement of intellectual property rights, dishonesty of employees, loss of documents and previous partners or firms. This means that, in the event you were faced with a claim like this, your insurer would cover the costs of defending such a claim and would pay for any damages awarded to the claimant. More information related to your trade: Builders, Electricians, Self-employed professionals, Plumbers in the UK and Contractors.
Tradesman Saver - Automatic Covers
Tradesman Saver - Optional Covers
Can't fault the cost. No other company could offer the same level of cover for the price.Chris Doyle
Very easy site to use and very competitive. Friendly all from the administration staff after on line quote . All in all pleased at the service so far.Dermot Devlin