Pi Insurance

Pi Insurance

Who Requires Professional Indemnity Insurance And Why So?

Most of the professional do not even give a passing thought to professional indemnity insurance (PI insurance for short) and they realize its importance only when it’s too late.

So if ‘Do I need it’ is the question that troubles your mind, here is a little direction to help you find the right answer. Let’s start with asking questions.

Are you a working professional?
Are you a self-employed consultant?
Are you a businessman?

If you represent any of the three conditions above then you do need PI insurance cover.

PI insurance supports secure you financially in cases of financial claims made by a client on account of breach of confidentiality or intellectual property rights; copyright law infringement; or acts of errors, omissions or instances of extreme professional negligence and irresponsibility; or in case of dishonesty and unethical behavior by either of the parties.

Given in the above description, it is quite obvious as to why a working professional or a self-employed consultant or a businessman would need PI insurance cover. It may seem that the working professional doesn’t need it as much as the self-employed consultants and businessmen, but in reality even the working professional need pi insurance as much as the others mentioned.

While for a businessman or a consultant it’s his or her money directly in stake, a working professional may be expelled from the firm or company he or she is working for and getting a job again after a tainted reputation is an uphill task.

Thus, PI insurance is required by each one in the professional sphere. You never know which way ‘trouble’ comes from and when you are uncertain, it’s better to follow the law of uncertainty – it’s better to be on the safer side than to err!

About the Author

For further information on professional indemnity insurance and pi insurance please contact Coulson Pritchard Associates directly on 01480 470220 or visit http://www.freelanceinsure.co.uk/

automated voice messaging phones scams?

automated voice messaging phone calls have been around more than usual. Has any one recieved numourous calls from car insurance, credit card, to just plain hanging up the phone as soon as they answer.

haatee those i get those on my cellularrr

theres a website that you can register your number in and they cant call you anymore

https://www.donotcall.gov/