Importance of insurance
Whilst on a distance learning course, it is important to understand there may be times when things don’t go as smoothly as hoped. Towergate Insurance want to ensure you have the appropriate cover in place should a claim be made against you in relation to your professional activities.
Being faced with a claim can be a very stressful experience and could really damage your finances if you don’t have appropriate cover in place. Whether you give the wrong advice to a client or they get injured while on your premises, you want the reassurance that you are protected; this is where professional liability insurance comes in.
What is professional liability insurance?
Professional liability protects you should a client, or anyone else, decide to take legal action against you as a result of your professional activities. Towergate Insurance offer professional liability which includes cover for professional indemnity, public liability, product liability and libel and slander. The following explains some of the scenarios you may find yourself faced with, where professional liability would cover you.
Public liability
If, as a therapist, you were seeing a client for treatment at your home and they tripped while on your property and injured themselves, there is a chance this client would make a claim against you for public liability.
Product liability
If you work as a management consultant and are required to provide clients with training aids such as books or CD’s and, as a result of using them a liability arises, product liability would cover you in this circumstance.
Professional indemnity
What would you do if somebody takes legal action against you because the advice you gave resulted in them losing business or resulted in them injuring themselves? If you have professional indemnity in place, legal costs would be covered should this type of complaint arise.
Libel and Slander
An example of how the libel and slander element would protect you is if, as a photographer, you took photos of a client and shared these in journals or newsletters and your subject claimed your photos were defamatory.
If you were to find yourself in a situation similar to any of the above, you can be assured Towergate will help make the experience as smooth as possible by providing you with sufficient professional liability insurance to protect you.
To take out cover today call 0844 346 3307
Alternatively you can take out cover online by visiting www.towergateinsurance.co.uk/professionalliability or by emailing PRsales@towergate.co.uk.
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