New! Get 10% off Motor Insurance. Limited time offer - Contact Now

Professional Indemnity Insurance: Safeguard Your Expertise

Comprehensive coverage for SMEs to protect against financial losses from claims of negligence, errors, or omissions in professional services, ensuring business and reputation security.

Get a Quote

What Is Professional Indemnity Insurance?

Professional Indemnity Insurance is a tailored SME insurance plan that protects professionals and businesses from financial liabilities arising from claims of negligence, errors, or omissions in their services. It covers legal costs, compensation, and reputational damage, ensuring peace of mind for service-based businesses.

Professional in a workplace

Why You Need Professional Indemnity Insurance?

Legal Protection

Covers legal costs from client claims.

Compensation Coverage

Pays for client compensation claims.

Reputation Protection

Safeguards your professional credibility.

Error & Omissions

Covers mistakes in professional services.

Peace of Mind

Focus on your business with confidence.

What Is Covered / Not Covered

Covered

  • Negligence Claims
  • Errors and Omissions
  • Legal Defense Costs
  • Breach of Professional Duty
  • Data Breach (Optional)

Not Covered

  • Intentional Misconduct
  • Fraudulent Acts
  • Bodily Injury/Property Damage
  • Contractual Liabilities
  • Non-Professional Services

Types of Coverage Available

Legal Defense Costs

Covers legal fees for defending claims.

Errors & Omissions

Covers mistakes in professional services.

Negligence Claims

Protects against negligence allegations.

Data Breach Coverage

Covers losses from data breaches (optional).

Breach of Duty

Covers claims of professional misconduct.

Reputation Management

Covers costs to manage reputational damage.

Who Can Buy This Insurance?

Consultants

Management or business consultants.

Healthcare Professionals

Doctors, dentists, and medical practitioners.

Lawyers

Legal advisors and law firms.

IT Professionals

Software developers and IT consultants.

Architects & Engineers

Design and engineering firms.

Freelancers

Independent service providers.

How to Buy / Apply

Step 1: Share Details

Provide business and service details.

Step 2: Select Plan

Choose coverage for your profession.

Step 3: Get Quote

Compare plans and finalize policy.

Step 4: Pay & Receive

Pay online and get policy instantly.

Claim Process

Step 1: Notify Insurer

Inform us about the claim or lawsuit.

Step 2: Submit Documents

Provide claim details and evidence.

Step 3: Claim Review

Claim assessed by our expert team.

Step 4: Claim Payout

Receive approved claim amount.

Frequently Asked Questions

Is Professional Indemnity Insurance mandatory?

It’s not mandatory but often required by clients or professional bodies for certain professions.

Does it cover data breaches?

Data breach coverage can be included as an optional add-on to the policy.

What professions need this insurance?

Professions like consultants, lawyers, doctors, IT professionals, and architects benefit from this coverage.

Can I customize the policy?

Yes, you can tailor the policy to cover specific risks based on your profession.

What’s the minimum premium?

Premiums vary based on profession, coverage limit, and risk exposure. Get a quote for exact pricing.

Contact & Support

Customer Care

Call us at: +91 8827275975

Email Support

Reach us at: support@apsinsurancevia.com

WhatsApp Chat

Connect instantly via WhatsApp

Visit our Branch

View Location