Your guide to professional liability insurance

As a professional, you strive to provide your clients with exceptional advice and quality service. But no matter how experienced, educated, or genuine your intentions are, there’s always a risk something could go wrong, and an allegation be made. That’s where liability insurance comes in.

If you’re an accountant providing tax advice, an architect providing a design, or a consultant delivering business guidance, professional indemnity insurance (PI) acts as your safety net in the event of a claim. Whether you’re liable or not, the costs to defend your business against an allegation can be devastating- not to mention the cost of compensation if you’re found liable.