Advantage - Professional indemnity insurance
Why purchase professional indemnity insurance?
Whatever your profession, your clients will demand the highest level of service from you. A simple error can result in a professional negligence claim from your client, who is likely to be well aware of their legal rights. Even if the allegation is unfounded, it will need to be investigated and defended, and often this will be at a considerable cost to you.
Any person who provides advice, who designs or who offers similar services in a professional capacity will be regarded by their client as an expert, and they will expect the highest level of professionalism from them.
How will a PI policy help you if your client alleges that you have made an error?
If not defended early, costs can escalate and damage your professional reputation.
Example
The Insured acted as consultant for a customer. It was when the client suffered a downturn in their trading figures that they sued the Insured. The client alleged that it was the strategic advice that had caused their financial difficulties. The professional indemnity insurance policy assisted with the successful defence against this allegation, and the defence costs amounted to £3,725, all paid under the policy. Not only did the professional indemnity insurance policy protect the professional reputation of the Insured, but it successfully defended the alleged loss from the client which totalled £45,000.
Understanding
SBJ Professional has been working with professional firms for many years to continually monitor and evaluate the new challenges that face them and develop professional indemnity products that respond effectively to the ever changing pressures placed up on them and their organisation.
SBJ has worked tirelessly in continuing to understand these pressures and has a proven track record of providing tailored professional indemnity insurance cover to our ever increasing client base.
Advice
Your clients expect to receive the best advice and an efficient and friendly service, why should you not expect the same? SBJ Professional is committed to providing our PI customers with the highest quality services in risk consulting and professional indemnity insurance advice. The unique benefits that you receive as a client of SBJ Professional reflect the ever increasing demands on you, and your business.
- FREE tax advice helpline for partners
- FREE legal helpline
- FREE 24 hour counselling helpline for all staff
- FREE health & medical helpline for all staff
- Dedicated claims team
- Competitive premiums
- Competitive finance arrangements
- Automatic renewal process (subject to criteria).
To obtain a no obligation professional indemnity insurance quotation, download and complete one of our PI proposal forms or complete the online PI form on the right hand side of this page. Alternatively, if you already have cover send us a copy of the proposal form completed for your existing broker.
If your current PI policy is not yet due for renewal submit an online request to register your interest.