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Cheers Insurance Brokers are experts in arranging Professional Indemnity Insurance for all kinds of businesses.
If you provide advice to another and carry out work negligently, you may be held legally liable for the consequences.
You will initially be asked to complete a proposal form, which allows the underwriters to build a mental picture of the work being undertaken by you and so assess your exposure to claims.
This also allows the underwriter to identify high and low risk areas of work in your specialist field and your approach to risk management.
You should get a quote for Professional Indemnity Insurance to cover against giving wrongful advice:
- If you handle data belonging to a client or business
- Are responsible for a client’s intellectual property
- Provide a professional service and could be challenged on your work
- Give advice or act as a consultant to other businesses