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Why does a UK Contractor need Professional Indemnity Insurance?

Business Insurance

Professional Indemnity Insurance  is the most common insurance contractors purchase.

The majority of clients will require you to have some level of cover.

It meets the cost of defending claims made against you, including damages that may become payable.

Claims can occur where a client suffers a financial loss as a result of alleged mistakes or omissions on your part.

You may even be sued by a client who is merely dissatisfied, but has no valid claim, leading to substantial legal costs and time away from contracts.

For out more about Professional Indemnity Insurance including prices, and view the range of contractor insurance products .