NOT another boring insurance post… time to learn what Professional Indemnity Insurance actually is… Am I the only one that finds all the different types of insurance confusing? You can get insurance for almost anything these days; phones, pet, health, home, possessions, cars, bike, travel, payment protection… the list goes on. If you are starting… Read more
Viewing posts tagged with: Professional Indemnity Insurance
Can you trust a sole trader without professional indemnity insurance?
A sole trader, also known as a sole proprietor, is a reference to the self-employed owner of a business. They are personally responsible for all profits, losses and the day-to-day running of the business, including all forms of paperwork such as insurance. One form of insurance that sole-traders should purchase is indemnity insurance. This is… Read more
What Does Professional Indemnity Insurance Cover?
As part of the insurance series at SavvyScot, today we are looking at Professional Indemnity Insurance. Does anyone know what PI insurance is? Something that we should all probably be aware of, especially if anyone runs their own business! A policy that is purchased to cover professionals from loss due to financial claims made against… Read more