Most new businesses or SMEs will need professional indemnity insurance in the case of a customer being dissatisfied to the extent that legal action is a possibility.

This type is essential for people who must adhere to a standard of care, such as a doctor, nurse, solicitor, chiropractor, dentist, orthodontist, accountant, architect or estate agent and many more.

This protects your business against compensation sought by a client if you have made mistakes or are found to have been negligent. Professional indemnity insurance will also cover any legal costs.