If you are a professional you are expected to exercise skill at an appropriate level. This specialty form of insurance provides cover for physical or financial loss should an incident arise where your business provides advice, design, plans, specifications, etc. that is relied upon by a claimant.
Professional Indemnity policies indemnify you for amounts which you become legally liable to pay as a result of any actual or alleged negligent act, error or omission in the conduct of your business or profession.
At Future First we look at the need for professional indemnity insurance as part of your businesses insurance portfolio.