PROFESSIONAL INDEMNITY INSURANCE BRISTOL
What is Professional Indemnity in Bristol?
This is an insurance policy that protects a business or person for the cost of compensating customers for negative effects like loss or damage following negligent services or poor advice given by a business or an individual.
Do I need this cover in Bristol?
Some professions must have Professional Indemnity insurance in place, and these include people employed in:
- Legal work, such as solicitors
- Some healthcare professions
- Financial advice
- Chartered surveying
Of course, many more professions and businesses choose to have a policy in pace to protect themselves against potential claims. It is important to note that claims for compensation can still be made against a business or individual even if that service or advice was provided free of charge.
Any organisation or individual who offers advice, knowledge, or skills to customers in any capacity, whether self-employed or as an employee should consider professional indemnity insurance. This insurance will also cover businesses and individuals who provide designs, instructions, and specifications.
What is covered in Bristol?
- A breach of duty
- Errors and omissions of information agreed upon that result in additional costs to rectify
- A breach of data protection or copyright
- A breach of confidentiality that results in a financial or business loss
- Loss of sensitive, confidential, or important documents
Why choose Mark Richard Insurance in Bristol?
Mark Richard Brokers offers insurance for motor trades, property owners, shopkeepers and home owners.
Our team of experts will be glad to help you with all your insurance needs.