Who should consider it?
Professional indemnity insurance is mandatory in some industries, such as medicine, accounting, law, and financial advisers. But even in cases where it’s not required by law, it’s recommended for anyone who is providing professional services or advice in exchange for a fee – like, graphic designers, IT consultants, and more. Regardless of your legal obligation, it’s often a customer requirement that you have this cover in place.
What can it cover?
As a wide-ranging insurance solution, professional indemnity cover may include anything from accidents to errors and omissions.