Understanding Professional Indemnity Insurance And Who Can Go For It
Professional indemnity insurance is essential for professionals who may face lawsuits from clients due to mistakes or errors in their services. Many professionals, including lawyers, architects, engineers, and more, can benefit from this type of insurance. Connect with a professional insurance company that offers professional indemnity insurance and other services like executor bonds . Advertising and Marketing Professionals If you work in advertising and marketing, professional indemnity insurance can protect you if you use copyrighted materials without clearance or infringe on someone else's intellectual property. It also covers misrepresentation of products or services that result in client losses. Architects Architects can rely on professional indemnity insurance if they design buildings that violate building codes or regulations, leading to financial loss for clients. It also provides coverage for damage caused by the use of incorrect construction materials. Lawyers Profession