Professional Indemnity

Professional indemnity insurance is a type of coverage that protects professionals—such as doctors, lawyers, architects, or consultants—from financial loss if a client claims that the advice or services they provided were negligent, incorrect, or caused damage. It covers legal costs and potential compensation payments. Essentially, it offers reassurance that professionals can stand behind their work, and clients have a mechanism for compensation if mistakes lead to financial harm, helping to manage risks associated with providing specialized services.