Professional Indemnity Insurance - from a legal point of view

It is essential to have Professional Indemnity Insurance in place if your job requires you to provide professional advice or any other services considered to be of a professional nature (e.g. accountancy, law, advertising or medicine). 

If you are working in a professional sector you should consider covering yourself against civil liabilities that include contract, tort, breach of statutory duty, breach of intellectual property and breach of fiduciary duty. Although these are the main sources of liability for professionals, other PI extras, such as loss of document cover, can be bundled with your standard insurance package depending on your needs.

 

Part 2: Liability types: Contract>
 
 

Covered in this guide

Part 1: Introduction

Part 2: Liability types: Contract

Part 3: Liability types: Tort

Part 4: Breach of statutory duty

Part 5: Specified/unspecified basis

Part 6: Breach of intellectual property & fiduciary duty

Part 7: Professional indemnity extras
 

Download a printable professional indemnity PDF guide