Professional Indemnity
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Professional Indemnity
Professional Indemnity Insurance is a type of business insurance, typically for organizations that provide consultation (e.g. Doctors, Architects) or any professional services to its clients.
Professional indemnity insurance covers claims made by the businesses in case their clients have sued them for making them endure any significant financial loss due to their advices and services.
The professional indemnity insurance protects the policy holder against any legal actions or threats, which a client, to whom the policy holder has caused a major loss because of his/her mistakes or ill advices, might press on him/her. It also saves him/her from paying a hefty amount of money as compensation to the clients for their losses.
The policy also protects the policy holder by saving his/her professional image in public and among other existing and potential clients. Having this policy helps the policyholder manage his/her risks while leaving space for improvement by continuing the consultation and services to keep him/her in business.
We at SAS Investments help in getting the professional indemnity or liability insurance and save policy holder’s business and himself/herself from the embarrassment of failure due to significant amounts of losses to his/ her clients.