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image of a piece of paper on a table with the phrase "professional indemnity insurance" on it | Cost of Professional Indemnity Insurance | HMD Insurance

How Much Does Professional Indemnity Insurance Cost?

By Insurance Advice

Professional indemnity insurance is a crucial protection for professionals who provide advice or services to clients. It covers the cost of legal fees and compensation if a client sues you for negligence, errors, or omissions in your work. But how much does professional indemnity insurance cost? The cost of professional indemnity insurance varies depending on factors such as your industry, the size of your business, and the level of coverage you need.

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What is Professional Indemnity Insurance in Construction?

By Directors & Officers and Management Liability

Professional indemnity insurance is a crucial component in the construction industry, providing essential protection for builders and professionals offering their services in the field. It is designed to safeguard individuals and companies against potential financial losses resulting from a breach of professional duty, omission, or errors in the provision of professional services or advice.

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Top Health Insurance Options For Gig Workers in the Gig Economy

By Directors & Officers and Management Liability

The gig economy has completely changed the way people work, offering flexibility and autonomy. However, this new way of working also brings unique challenges, particularly when it comes to health insurance. As a gig worker, you may not have access to traditional employer-sponsored health insurance, leaving you to navigate the complex world of individual health insurance plans.

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damaged building

Who is Responsible For Latent Defects in Construction?

By Directors & Officers and Management Liability

When it comes to construction projects, there are many factors that can impact the final product. One crucial aspect is the presence of latent defects, which are hidden flaws or defects that are not immediately apparent. These defects can be caused by a variety of factors, including poor workmanship, inadequate materials, or design errors. As a result, they can lead to significant financial losses and even put the safety of occupants at risk.

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