A Checklist For Professional Indemnity Insurance To Make Sure You’re Covered
1. Policyholder Check that your full business name is correctly listed. This needs to be the legal entity in which you trade under. 2. Business Description Ensure that the business description correctly reflects the business services that are insured under the...IT Association for Computing Machinery
The IT Industry is very broad and covers many professions. As with many industries, there are associations that IT Professionals can become members with, whether you are an IT Consultant or IT Contractor, Software Developer or other IT Professional. Each association...What is Professional Indemnity Run-off Cover Insurance
If you are selling your business and/or retiring soon and you have a current Professional Indemnity Insurance Policy you should consider the need for further cover should a claim arise in the future. Professional Indemnity Run off Cover provides indemnity for...Be Aware if your PI Insurance excludes Bodily Injury and/or Property Damage
Understand your Policy Making sure that your insurance policy covers you adequately, particularly in the event that a claim is made against your professional services, is extremely important. This involves reading the terms and conditions, so you understand the extent...Does your Professional Indemnity Insurance Policy have a Continuous Cover Clause?
Continuous Cover gives cover for claims that have arisen out of a known circumstance and should have been notified to the insurer in a prior policy period. This is providing that the following points are taken into account: The current insurer was the insurer at the...
