This video explains why you really need PI insurance.
Professional Indemnity, or PI, insurance protects professionals against claims of negligence or breach of duty made by a client as a result of receiving professional advice or services from your business.
Advisers are ultimately responsible for the advice given, but if people start pointing fingers, PI insurance is very important. It’s like a safety net, underneath a safety net.
This is general advice that does not take into account your objectives, situation or needs. For professional advice, please do see your broker.
