BUSINESS CLIENTS · LIABILITY
Financial loss caused by bad advice or a breach of contract is real, and it can be insured.
Free first consultation →The problem
Consultancies, service providers and agencies can cause their clients financial loss through mistakes or omissions. Without professional indemnity cover the company is liable, or in the worst case the director personally, without limit.
Our solution
We establish whether professional indemnity cover makes sense for your industry and your work, and at what level, then find cover with wordings that actually respond when it matters.
Book an appointment →The hard facts
€250,000
is the statutory minimum cover per claim, for instance for lawyers.
€5m
is the limit recommended for many advisory professions.
Pure financial loss
financial harm without any injury or physical damage.
Defence cover
Fighting off unfounded claims is covered too.
Worth knowing
This policy responds precisely where financial loss arises without any injury or physical damage.
Many professions have a prescribed minimum, and on larger contracts it is quickly too low.
The policy also covers fighting off unfounded claims, which is often the more common situation.
Public liability covers injury and physical damage; only this policy covers pure financial loss.
37+ years
in the market
100%
independent advice
DEWE
Certified partner of Deutscher Wertschutz e.V.
Why it matters
Check the limit
The statutory minimum is reached quickly. With higher contract values, set the limit considerably higher.
Cover advisory work
A missed deadline or a wrong piece of advice can get expensive, and the policy carries both the loss and the defence.
Mind the boundary
Only this policy covers pure financial loss. Injury and physical damage need public liability cover.
A free first consultation, in person, by phone or by video. You then decide how to proceed.
Book an appointment →