Professional Indemnity Insurance

Professional Indemnity. In detail:

Not all professional indemnity policies are the same. However, in the UK all professional indemnity policies work on what is known as a ‘claims made’ basis, which means the policy in force at the time of the claim is the one that reacts, no matter when the work was actually carried out.

Unlike many other policies, ipro’s Professional Indemnity insurance automatically provides full retroactive cover all the way back to when you started out on your own, so you can be sure that 100% of your work, whenever it was performed, can be covered by your policy. For example, if you carried out work two years ago and the mistake is discovered today, it’s the policy you have in force today that would respond.

With some policies, you also share the limit of indemnity (the maximum amount an insurer would pay) with other businesses. This is particularly common if you are part of an umbrella organisation or you are part of an affinity group where the insurance comes as part of your membership fee.

With an ipro policy the entire chosen limit is yours and yours alone. You can choose from as little as £100K, all the way up to £5m.

Premiums start from just £60 per year with cover provided by Markel. So not only can you get the peace of mind that you’re covered, but also the reassurance that your policy is with one of the UK’s largest insurers with awesome customer service and fast claims settling.

Get a quote today. It will only take 30 seconds to get a quote and less than five minutes to arrange cover. So you can go forth and work with confidence that you’ve protected yourself.