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What Should Acquire Professional Indemnity Insurance

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Professional indemnity insurance pays for negligence claims. When a professional gives out inaccurate information, he may be responsible for damages. For some careers, professional indemnity insurance is a government requirement.

What Does Professional Indemnity Insurance Cover
All professionals should purchase professional indemnity insurance. When dealing with the general public, liability insurance is a necessity. Personal injury claims and structural damage can be covered under a general liability policy. When the problem is caused by inaccurate information the client has a right to pursue financial compensation.

Inaccurate Information and Negligence Claims
Inaccurate financial information can lead to a financial disaster. The client

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