Insurance

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Negligence! Breach of Trust! Liability! Lawsuit! Frightening nightmarish terms and highly avoidable too. Professionals in every field dread these terms and dread even more having to deal with them in the course of their careers. But with the consumer becoming the king, and the scales of justice being tipped in their favor nowadays, every professional is wary. The old adage of better being safe than sorry is being applied and Professional indemnity insurance policies are being taken out.Oh no! Not another insurance product that promises to be better than the previous one, we might moan in irritation. But the fact of the matter is that more and more professionals are taking to professional indemnity insurance to protect themselves and their livelihood. Essentially the underlying thought behind professional indemnity insurance is to protect the professional from claims made against them by disgruntled clients. Not only is a lawsuit financially crippling but i...