What is Professional Indemnity Insurance?
Professional Indemnity Insurance covers your compensation and legal fees if a client accuses you of providing inadequate advice or services and makes a claim against you or your business.
For example, emailing sensitive information to the wrong contact isn’t a mistake you’ll make very often but it could result in legal action against you.
Professional indemnity insurance is important if you offer professional services to a client and they believe your advice caused them to lose money or suffer reputational damage.
You can add up to £5 million Professional Indemnity Insurance to your Professionals Insurance policy as an optional extra.
What does Professional Indemnity Insurance cover?
Professional Indemnity Insurance covers you in a range of scenarios including:
Unintentional breaches of confidentiality
Accidentally disclosing confidential data or information to a third party without the client's consent.
Libel or slander
Written or spoken statements or materials that damage your client’s reputation.
Breach of professional duty
Failing to live up to your duty of care, e.g. giving incorrect advice or making a mistake in your work.
Losing or damaging documents
Losing documents in the post or them being stolen while in your care. It also covers the cost of recovering the documents, if possible.
Unintentional infringement of intellectual property rights
Accidentally violating intellectual property, copyrights, and trademarks, including imitation or passing products or services off as your own.
Who does Professional Indemnity Insurance cover?
Churchill’s Professional Indemnity Insurance covers up to 85 trades, including:
- Flower arrangers
- Interior designers
- Party planners
If you can’t find your trade listed here, use our handy insurance finder to see if we can cover you.
Get into the detail
You can read our Professionals policy documents below.
These are standard documents that might be different to the ones you received when you took out your policy.
Log in to your account to find your individual policy documents.