Why get professional indemnity insurance?
Financial protection for claims alleging negligence or failure to deliver a service as promised. Protect your practice with Professional Liability Insurance
Professional Indemnity insurance explained
Professionals can be held legally liable for negligent acts, errors or omissions and made to provide compensation to the injured third party. The purpose of this insurance is to provide cover to the professional person against legal liability to compensate third parties who have suffered damages owing to the professional’s negligence (errors & omissions) or vicariously through his or her employees
What does it cover?
- Covers Professional Negligence – Protects against mistakes, errors, or omissions in professional services.
- Legal Defense Costs – Pays for the cost of defending against claims, even if the claim has no merit.
- Breach of Duty or Contract – Covers claims related to failure in providing expected services.
- Defamation & Intellectual Property Infringement – May also protect against unintentional libel, slander, or copyright violations.
Why Choose CIB?
- Access to Multiple Carriers
CIB is not tied to a single insurer – we can shop across a wide range to find policies that fit your specific needs and budget.
- Tailored, Personalized Coverage
Rather than cookie-cutter policies, CIB takes time to understand your situation—whether that’s for your home, business, or auto—so coverage aligns precisely with your needs.
- Advocacy and Claims Support
If you need to file a claim or resolve a dispute, CIB acts as your advocate and guide you through the process.
- Expert Advice and Guidance
Our skilled and experienced team explains complex policy language in plain English and help you navigate coverage options with confidence.
- Ongoing Service and Long-Term Support
This includes regular policy reviews, updates as your needs change, and responsiveness when you need help—rather than a one-time sale.