Liability and Indemnity Insurance
Public Liability and Professional Indemnity Insurance
Do you offer a service that has the potential to cause harm to members of the public or damage to their property? If incorrect advice was given to a client, would you be liable for any costs incurred as a result? For companies dealing with members of the public, and for those providing professional services and advice, indemnity and liability insurance can provide legal and financial protection in the event that something should go wrong.
Liability insurance is required for all businesses that serve members of the public, and for those whose work has the potential to put members of the public at risk. It provides legal and financial protection in the event that your work should bring harm to a member of the public or their property.
If a claim is made against an insured party, the compensation payment is covered along with any legal expenses. Examples of sectors for which liability insurance is usually required include manufacture, construction, retail, hospitality and leisure.
Professional Indemnity Insurance
Professional indemnity insurance is strongly advised for all individuals and companies that provide professional services and advice. In the event that a negligence claim should be brought against the insured party, professional indemnity or PI insurance would assist with the cost of defending against this claim.
For example, if an architect made a mistake when planning a building, professional indemnity insurance would assist with any costs incurred as a result of this. Other professionals for whom indemnity insurance is usually recommended include tradesmen, engineers, architects and designers.
Miller Insurance Brokers can help you find the right indemnity and liability insurance solutions for your business. We will take your unique needs into account and seek out the most suitable policies at the most competitive prices, ensuring that you are fully covered without ending up out of pocket. This saves you a great deal of hassle and gives you peace of mind that you are completely protected in case the worst should happen.
If you would like help finding the ideal indemnity and/or liability insurance policy for your business, then contact Miller Insurance Brokers today. You can also request a quote or callback using the buttons above.