Professional Indemnity Insurance is designed for any professional who provides advice or is involved in the design or formulation of products or any type of engineering design.
Its main purpose is to protect you from any claims made against you by third parties from any act, omission or error when providing these advice services.
Despite every care companies or individuals performing professional services can occasionally make mistakes. In real terms, this means that if you do something (or neglect to do something) in the course of your work, and a customer suffers injury or financial loss as a result, they may take legal action against you. With the right policy, you can defend your business against the claim and prevent financial loss.
In an economic climate of increased responsibly and accountability, it’s become more important than ever to make sure you and your company are protected against the legal liability threat of litigation and potential damage to your reputation.
This is a similar cover designed specifically to protect the management or committee of any not for profit association and includes management liability cover as well.
The Next Step
Call any of the Professional Indemnity specialists at Triple T to assist with obtaining a
quotation. In most instances, a proposal will be required as part of this process.