Business Setup & Legalintermediate
Professional Indemnity
Definition
A type of insurance that protects you if a client says your advice, service or work caused them a loss.
Why it matters
If you give advice or deliver creative work, professional indemnity guards you against costly claims that your work was negligent or wrong.
Example
A client says your marketing strategy lost them money and threatens to sue, and your professional indemnity covers the defence costs.
Related terms
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