What is Professional Indemnity Insurance | Insurance glossary by upcover

Professional indemnity insurance protects tradies who design, certify, or give advice as part of their work. It pays legal costs and compensation to clients who suffer a financial loss because of a mistake or omission. Why it matters: this cover matters most for design-and-construct contractors and licensed professionals who give technical advice.

Related Terms

Professional Advice Liability (Business Pack)

Professional Indemnity Insurance (Business Pack)

Voluntary Worker (Allied Health)

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Related Term

Professional Advice Liability (Business Pack)

Professional Indemnity Insurance (Business Pack)

Voluntary Worker (Allied Health)

All Category

Financial

Legal

Insurance Documents

Fundraising

Employment

Policy

Risk Management

E&O

D&O

Commercial Insurance

Cyber

Compliance

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