Protect your business with professional indemnity insurance

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.

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What is professional indemnity insurance

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 S$2,000 per year.

What does professional indemnity insurance cover

Occurrences that happened in the course of providing the professional services:

  • Unintentional defamation
  • Unintentional infringement of intellectual property
  • Loss of documents under the care of the business
  • Expenses for legal representation at investigations
  • Liability arising from joint ventures

Types of business that should get professional indemnity insurance

  • Businesses that provide advise and professional services to customers.
  • Companies that manage data or intellectual property of clients.
  • Companies that have contracts with large clients that can afford to take legal action against your company.
  • Companies that outsource work to subcontractors.
  • In some cases, clients will require their contractors to have Professional Indemnity as part of the contract.

Why does professional indemnity insurance matter

  • rofessional indemnity insurance provides you with protection against allegations of malpractice, negligence and professional misconduct
  • This product also offers extension for crisis communication to protect your business’s reputation.

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What our customers have said about us?

Beha

"A shoutout to Daniel Spencer, whose speedy and after-hours responses helped to speed things along for incorporation document change requests, as well as looking out for our interests tax-wise. It was much appreciated."

Harry Lee
SME customer

Adam_Lim

Spero Aesthetics

"Every services is under one roof and the team is very responsive especially, Jiayi and Axel in resolving the teething problems when i switched my Xero subscription to Sleek. If only Sleek was around when I started my company, it would have saved me so much trouble and time."

Adam Lim
Startup customer

Jia Yng

Cloudwall Capital

"Fantastic client service, close and attentive follow through - I love the referral of the extended network to expedite onboarding process. Well done Sleek Team!"

Jia Yng
SME customer

Adam_Lim

Adam Lim

Spero Aesthetics

"Every services is under one roof and the team is very responsive especially, Jiayi and Axel in resolving the teething problems when i switched my Xero subscription to Sleek. If only Sleek was around when I started my company, it would have saved me so much trouble and time."

Frequently Asked Questions

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.

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100% Satisfaction Guarantee

Our refund policy:
We care about you – within 30 days from your purchase, if you’re unhappy with our services, we’ll refund our fee. Email or call us, and we’ll process the refund within five working days.

What it doesn’t cover:
We will not be able to refund Government fees once the application has been submitted, nor any third-party processing fees.

When it applies:
We cannot guarantee any specific legal outcomes when you use our services. For instance, a company registration might be filed correctly but still get rejected by the Company Registry for reasons beyond our control. We can only refund our fees for issues we are directly responsible for. In the case that you purchase a service and later change your mind, we can’t issue a refund.

Our customer support team is at your disposal for any questions or issue you may face.

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Our sales team is available from Mon - Fri 9am to 12mn (Singapore Time)