United Kingdom
Mistakes and misunderstandings happen, even if you are the most capable or experienced person. A client dispute, a missed detail or an allegation of poor advice can lead to costly legal claims. With professional indemnity insurance from Clarity Compare, you can protect your work, your reputation, and your financial security.
You will have policies that match your profession and risk profile.
Exclusive discounts and benefits
Professional indemnity insurance (often referred to as PI insurance) is for anybody who gives advice, consultancy, or specialist services. It will provide a financial safety net if a client claims your work has caused them some sort of injury or loss.
If you have been accused of providing poor advice, not doing what you said you would do, or making an error that led to financial loss, this cover will help pay for the following:
It is not just about protecting your business - it is about letting you focus on your work.
Yes, if you receive payment from clients for providing professional advice or services, you could be liable for your errors, omissions or a claim of negligence. PI insurance protects you from the unexpected financial risk your work might lead to.
Ideally, as soon as you start providing professional services to paying clients. Some industries and contracts require proof of cover even before you can start work.
This will depend on your profession, the type of work that you do, and how much financial loss your clients can claim. Our advisers should be able to help find the right level of cover to meet your needs.
Absolutely, even if you are trading as a one-man band, that doesn’t mean you can’t also face a claim from your clients. Professional indemnity cover provides protection even if you are a sole trader.
Yes, professional indemnity insurance is usually classed as a business expense and is often tax-deductible. To be sure, always check with your accountant or HRMC for your specific advice.