Richard V Wallis insurance brokers
Professional Risks : Q & A
Q. Professional Indemnity insurance, why do I need it.
A. If you give any form of advice you should consider arranging PI cover. It will protect you against financial loss if you are sued for professional negligence.
Q. Are costs and expenses covered.
A. Yes, usually in addition to any damages that may be awarded.
Q. What level of indemnity should my business consider.
A. This is a difficult question and should be considered carefully dependent on the nature of your business. We will be happy to provide you with several quotations detailing different levels of indemnity.