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UK Indemnity Insurance Guide

What Does It Cover?

Professional Indemnity Insurance protects against claims for damages to your clients business or company, which means any financial loss they may suffer as a result of:

  • Any negligent act, error or omission
  • Breach of Implied Statutory Terms under the Sale of Goods Act 1979 and Supply of Goods and Services Act 1982
  • Unintentional Infringement of Intellectual Property Rights
  • Loss of Documents or Data entrusted to the insured
  • Unintentional defamation (libel & slander)
  • Unintentional breach of confidence, confidential duty or misuse of information

The insurance will pay all reasonable costs that are incurred in the defence (i.e. legal fees) or the settlement of such claims that may arise from the above.

 


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