Professional Indemnity

Power Insurances > Insurance Services > Professional Indemnity

What is professional indemnity and why do you need it?

Professional Indemnity provides cover if you become liable to a client following an error or omission in the advice you have provided and as a result your client has suffered a financial loss. Consider professional indemnity as covering you and your company against a non physical mistake or mishap (whilst liability cover, covers against a physical mishap).

Here are some examples of how a professional indemnity claim could come about:

An IT company is contracted to back up a companies database, but when their server fails, the IT company cannot find the back ups, resulting in a financial loss for their client.
A photographer looses a recently married couples pictures, causing the couple emotional distress.
An engineer, incorrectly designs a building resulting in part of a building to be rebuilt.

How can we help you with your professional indemnity needs?

The Limit of indemnity can vary usually depending on your occupation and requirements.

We will offer you great advice and then source cover across the available market
Professional indemnity cover can be combined with other covers (such as liability and office cover for example) streamlining your policies and saving you money.
Flexible indemnity levels, payment options (0% APR for a lot of occupations) and short term policies available.
Competitive premiums starting from just €149.
If you need to make a claim, we will guide you through the process.

Check out our sample quotation and then contact info@powerinsurances.ie, 0818 9196999 or complete the request a quotation section and we will call you back..