Archive for October 2018
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When to provide your Professional Indemnity Insurance Policy
Professional Indemnity Insurance provides protection for a legal liability to defend yourself against an actual or alleged error or omission in your work.
It can protect your business and reputation against a range of claims including errors in council submissions, lost documentation, inadequate advice, and acting without proper instructions from your client.
While it’s an important insurance for building designers, architects and other types of building professionals and consultants to have, at times it can be confusing when you should or shouldn't provide evidence of having this insurance for your business.
In this article, we look at the different requirements for Professional Indemnity Insurance as well as the instance for when you should produce your policy if you are asked for it.
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