What is Indemnity Insurance about?
Every professional would never want to be rejected or accused of unethical or dishonest behaviour by a client, particularly if the allegations are untrue. Being charged with such heinous offences will do significant damage to a person's professional career and reputation. Fortunately, professional indemnity insurance exists. Professional Indemnity Insurance is a sort of insurance designed to safeguard your professional career from clients who seek to financially cripple you and harm your reputation. Who are the potential Professional Indemnity Insurance policyholders? Professionals and corporations alike can benefit from the mentioned insurance. It will safeguard them and ensure their continued credibility and excellent reputation in their field. Certain regulations mandate certain professions to carry this type of insurance and encourage others to do so as well, as being sued may be financially debilitating as well as severely damage one's reputation. Architects, insurance bro...