Online Accountant Services

What is professional indemnity insurance?

Professional indemnity insurance is specialist cover that protects businesses and professionals against claims of negligence, errors, or omissions in their professional services, with "what is professional indemnity" being a common question among UK freelancers, consultants, and small business owners who need this essential protection to safeguard against potentially costly legal claims and compensation demands.

What is professional indemnity insurance? - GoForma Business Resources | UK Accountants & Tax Advisors
This article is part of our Online Accountant Services guide — your essential resource for understanding the basics.

Professional indemnity insurance covers risks in association with your professional services. It protects your business from legal and compensation costs that arise should a client make a claim against you, under circumstances such as:

  • Defamation and libel
  • Loss of documents or data
  • Professional negligence


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