Professional Indemnity Insurance

We provide a fast and very cost effective professional indemnity insurance quotes and cover service for a full range of trades, occupations and professions protecting policyholders against claims made against them in respect of any alleged breach of professional duty.

What is professional indemnity insurance?

The professional indemnity insurance policy protects the policyholder against claims made against them in respect of their legal liability for loss arising from a breach or alleged breach of duty.

What is the professional indemnity insurance limit of indemnity?

The limit of indemnity under a professional indemnity insurance policy is the maximum amount of the insurer’s liability in respect of any one claim under the policy.
If the policy is on an ‘aggregate’ basis then the limit applies in respect of any one claim and also in respect of all claims in a single policy year.
On an ‘each and every’ basis, the limit of indemnity applies in respect of each and every claim made under the policy.

What is a claims made basis of settlement under a professional indemnity insurance policy?

Unlike other types of general insurance, professional indemnity policies operate on a claims made basis. This means that the policy responds to claims that are made during the policy year.
Claims that are made after the policy has expired are not covered by professional indemnity insurance policies and this has real implications for anyone who cancels or lapses their policy when the sell their business on or cease trading.

What is professional indemnity run off insurance?

The professional indemnity run off cover is a policy that is avaiable to deal with the problems that arise for people as a result of the claims made nature of PI policies.
The run off policy allows you to buy a further period of insurance when you lapse or cancel your main professional indemnity policy in order to protect you against claims made in the future arising from work undertaken in the past.

How do I buy professional indemnity insurance?

You can apply on-line below or you can call us direct or into the the office to discuss your professional indemnity insurance requirements with a specialist broker.

Professional Indemnity Insurance