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BusinessInsurancePenberthyPersonal

What is Professional Indemnity Insurance?

By May 31, 2022 September 7th, 2022 No Comments

Professional indemnity insurance is another key cover we believe all businesses that provide advice or professional service should have.

PI responds to claims for breach of professional duty or negligence resulting in financial loss. The cost of defending a claim can be very significant, whether or not the claim is justified or just alleged and full cost recovery against the claimant is unlikely. Anyone giving advice, design work, consulting etc.. needs this cover.

At Penberthy Insurance, we want to help you protect your business. If you would like to talk to one of our business insurance brokers for a personalised review of your insurance needs, visit our website www.penberthy.co.nz.

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