Whether you’re a business owner, consultant, or independent professional, offering services or advice comes with inherent risks. Mistakes, oversights, or even unintentional breaches of confidentiality can lead to costly legal claims from clients. This is where professional indemnity insurance steps in. PI protects you from financial ruin and reputational damage in the face of legal …
Contractors are among the professionals with a high risk of making errors that could result in claims against them. Since they are not part of the formal employees of the company they are working for, the claims may not be covered by the firm’s indemnity insurance. As such, it is crucial for every contractor to …
Small business owners usually have a limited budget to work with. As such, it is understandable that one would view business insurance as somewhat of a luxury. However, it is important to remember that ignoring certain crucial policies will result in more costs that the amount you were trying to save. With this in mind, …
Customer satisfaction is paramount for the success of any business. Yet, despite best efforts, mistakes may occasionally happen. This underscores the significance of insurance for small businesses. Professional Indemnity insurance (PII) is particularly vital in these instances. PII safeguards your business by covering legal expenses and compensation claims from clients alleging negligence or errors in …
Professional indemnity insurance (PI) for nurses protects them against potential claims that may arise while fulfilling their professional duties. Should a client file a claim alleging negligence or mistake on the part of the nurse, this policy steps in to provide financial support and legal assistance. In the course of their duty, nurses can make …