Professional Services
Professional Indemnity Insurance for Other Professional Services
If your profession is not listed, BackedSure can still assist. Most fee-earning professional and consulting businesses carry professional liability exposure that Professional Indemnity insurance is designed to address.
Why it matters
Why other professional services need Professional Indemnity
- Client contracts frequently require professional service providers to carry adequate PI cover.
- Advice-based liability exposure exists across most consulting and professional service businesses.
What does Other Professional PI cover?
- ✓Claims arising from alleged negligent professional advice or service.
- ✓Defence costs in responding to professional negligence claims.
Common exclusions
- –Deliberate or fraudulent acts.
- –Bodily injury or property damage, typically covered under Public Liability.
Real scenarios
Common Other Professional PI claims
Advice dispute claims
Claims that professional advice or service caused client financial loss.
How much PI cover does an other professional need?
Limits should reflect the value of client engagements and any contractual requirements.
What affects the premium?
- Annual fee income
- Nature of services provided
- Claims history
What information insurers require
- • Annual fees
- • Description of services provided
- • Claims history
Retroactive cover
Retroactive date should reflect when the business began providing professional services.
Run-off cover
Run-off cover matters if the business closes or is sold.
FAQ
Frequently asked questions
Yes. Tell us about your business through our quote engine and a specialist will confirm the most suitable underwriting route.
Get your Other Professional PI quote
One simple online application, tailored to how other professional services actually work.
Related professions
Related covers
- Public Liability →
For businesses with client-facing or premises exposure.