A business professional may require you to show proof of professional indemnity insurance before hiring you as a consultant. Depending on the type of business you run, you might work from home, in an office, at your shop, a client’s premises or a shared working space. If your working premises became unusable due to an insured event like a fire or flood, business interruption will cover the costs of relocating until it’s fixed. It can also cover you for any lost turnover during this time if you’ve insured your premises or business property with us.
Professional indemnity insurance covers any legal and compensation costs you are required to pay. Clients will often ask to see proof of professional indemnity insurance before agreeing to work with a new contractor. If the people in question pursued legal action against you, public and http://www.bakkerenleenheer.com/ product liability insurance would cover the costs you are … Read More