Professional Indemnity Insurance
Professional Indemnity insurance is a form of liability insurance that provides cover for the financial consequences of professional negligence, following a breach of professional duty by way of neglect, error or omission.
In addition, an indemnity is provided in respect of the legal and other costs and expenses incurred in the defence of any claim. The general philosophy in the litigious world that we now live in tends to be 'if something goes wrong, somebody must be to blame, and that somebody has to pay'.
A professional cannot ignore an allegation of professional negligence. The allegation must be defended or admitted, and as a result, there will be cost implications in either case. Professional Indemnity insurance provides the ultimate safety net when all else fails.
Contract Insure can eliminate all risks to your business, even if you believe the advice and services you offer are risk free, claims can still be made against your business and therefore legal costs will be incurred and reputation damaged.
For the leading insurance solutions tailored to the Construction and contractors sector, contact one of our consultants and we will be happy to assist you.
Testimonials
"We have been insured with Contract Insure for a number of years and have always been impressed with their speed and efficiency. Price is also a major factor in our industry and with the combination of both, I would not hesitate to recommend Contract Insure. We have been insured with other insurance companies, however when we changed to Contract Insure we made great costs savings, and their service has been second to none. The majority of the contracts we work to require tailored coverage and not an "off the shelf" product, which is where Contract Insure are the ideal partner for Construction Insurance.
Scott O'Brien - Director