Professional indemnity insurance can help protect a business if a client claims there’s a problem with the work that’s been done. It can cover the costs of compensation to correct a mistake or settle a claim, and covers the cost of the legal defence.
Professional indemnity insurance can provide invaluable cover to businesses providing professional advice or services to clients which could be challenged.
Covers a business if someone else is injured, or property is damaged as a result of its actions for example, a piece of pricey IT kit is dropped.
Public liability insurance protects against the cost of any claims from third parties, such as compensation payouts and legal costs.