Starting a business is fulfilling, but managing a business can be risky, especially if you run an advisory and consultancy business. If a client builds a case against you, your business should be prepared to handle the impact.
Professional Indemnity protects businesses from liability and potential costs and expenses resulting from alleged errors, omissions, negligence, misleading statements, or breach of confidentiality while rendering professional services.
Cover starts from HKD 11,471 per year.
Occurrences that happened in the course of providing the professional services:
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Professional services rendered are prone to human error. Having professional indemnity insurance will mitigate the risk and reduce the financial impact resulting from such inevitable and unexpected errors.
No, the insurance can also apply to other service providers or consultants, such as real estate agents, sports instructors, and marketing consultants.