Different Indemnity Insurance Covers

Taking adequate indemnity insurance is important for everyone in today’s competitive world. Professional insurance companies and firms can provide different kinds of insurance protection catering to different needs and requirements. It is the best way to get adequate financial compensation and tension free life when things actually go wrong. In this article, we’ll talk about these different types which are important in our day-to-day life:

Professional Indemnity Insurance
One of the prominent insurance is professional indemnity (PI) insurance that protects a person against his or her legal liability for losses and damages suffered by the customers as a result of your negligent advice.

Employers Liability Insurance
Under this law, employees have the facility to take adequate liability insurance protection with an approved insurer to protect them against any kind of claim from employees for accidents or sickness caused through work.

Public Liability Insurance
In this type of insurance cover, an employer is free to take adequate protection against damage caused to the people as a result of your business activities. It also covers any related legal costs.

Product Liability Insurance
Such insurance policy can be taken against any kind of injury or damage caused by faulty goods. It is important for a person who indulges into manufacturing, repairing or retailing of goods and services.

Property & Content Insurance
As a responsible person, you can seek insurance protection against business property, including premises, fixtures and fittings, stock, computers and equipment. Freelances can seek protection for equipment used for business purposes, contents insurance, or purchase specific business insurance.

IR35 & Legal Expenses Insurance
IR35 Insurance pays costs to cover professional fees relating to tax investigations covering.

Income Protection Insurance
In this arrangement of insurance protection, regular income can be protected in case of long-term sickness, paying their salaries during the period of incapacity.

Permanent Health Insurance
This insurance protection helps you to get compensation in case of health related problems. It covers general insurance to critical illness medical problems.



about the author:
Roberto Luongo

For further information on Professional Indemnity solutions for UK contractors and professionals please contact Coulson Pritchard Associates directly on 01480 470220 or visit at www.professionalindemnityinsurance.co.uk