PI insurance covers legal costs and expenses incurred as well as any costs awarded if a company is found to have provided inadequate advice, services or design that cause a client to lose money.
PI insurance covers against a wide range of scenarios such as:
- Professional negligence
- Loss of documents or data
- Unintentional breach of copywright/confidentiality
- Defamation and libel
- Loss of goods / money
PI insurance is usually offered on a claims made basis. This means that the insurer will only cover you for claims brought against you during the term of your policy
We’ll talk you through the small print so you’ll know exactly what your insurance covers. And clearly explain any conditions of the policy, as well as inclusions, exclusion and excesses.
In short, we’ll make buying insurance for your business as quick and as simple as possible.
This is why more and more businesses call UKI Direct when they’re looking for industry specific low cost insurance which doesn’t compromise on cover.