Professional indemnity insurance is a kind of insurance service which protect professionals from any kind of financial crunch that may arise by offering incorrect advice or negligent services to clients. Irrespective of the nature of business you are in, the probability of professional error, omission and negligence cannot be eliminated from the professional life. Also, increasing client expectations and quality of service are compelling professionals to offer only the best.
A professional indemnity insurance policy is a safety cover that protects a professional's business and assets. An insurance policy not only pays for the potential damages but also helps to recover the defending claims as well.
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