Indemnity Insurance

Do You Need Professional Liability Insurance? What is Professional Liability Insurance and Do You Need It? Professional Liability insurance, also known as Professional Indemnity Insurance Professional-Indemnity-Insurance---Do-You-Need-It], is insurance... More

Do You Need Professional Liability Insurance? What is Professional Liability Insurance and Do You Need It? Professional Liability insurance, also known as Professional Indemnity Insurance Professional-Indemnity-Insurance---Do-You-Need-It], is insurance designed to protect professionals against legal liabilities to third parties which may arise for injury, loss or damage as a result of or following upon negligent acts, errors or omissions committed by the professional in the course of his/her professional duties. The most obvious and well-known areas where Professional Indemnity Insurance Professional-Indemnity-Insurance---Do-You-Need-It] is required is the medical profession, but there are other professions for which professional liability insurance would be a good idea, such as for example translating. A mistake by a translator in a legal or technical document could have disastrous consequences and as a result freelance translators often prefer to take out insurance to cover themsel Less