Author: lily-poole
lily-poole
Lily Poole is a Property and Home Insurance officer by profession. She is pretty well experienced in the insurance and accounting field and has an impressive profile in the training and development industry.
Everyone has bad days at work. But for some people, mistakes at work can be (literally) costly. That’s where professional indemnity insurance (PI) comes in. PI insurance is designed to ensure that freelancers and businesses (regardless of size) are financially compensated if a client suffers a loss as a result of their work and a civil action is brought against them. It covers the costs of defence and indemnification. This is a welcome relief for professionals who provide advice or services or deal with confidential data or intellectual property. It’s essential to understand professional indemnity insurance so you can make…