Professional liability insurance protects you as an individual service provider against the damage resulting from your advice or activities. The insurance is relevant for all service providers, particularly those operating in the legal, financial and medical sectors. However, ICT consultants and architects are also best advised to opt for this cover.
Many registered professions are obliged to take out professional liability insurance.
Extensive cover
A typical professional liability insurance policy covers all the consequences of your activities: physical, material and non-material damage.