As a professional, you or your business will frequently provide advice, services or designs to your clients. If this service was ever to be alleged to be inadequate, then professional indemnity insurance provides cover for the legal costs and expenses in defending the claim, as well as any potential compensation for the client to rectify the issue.
Even the most experienced and conscientious businesses can make mistakes, and professional indemnity (or PI) insurance covers a broad spectrum of scenarios, including the following: