Do I need professional indemnity insurance?
To put it simply, if you will be giving any advice to clients, then professional indemnity insurance is a necessity. Its purpose is to protect you from any losses a client may experience as a direct result of your advice, designs or services. It can also cover any errors in your work, unintended copyright or confidentiality breaches, defamation and libel, loss of goods or loss of money that you own or are responsible for. No matter how well your business operates, these accidents can occur and it’s always best to protect yourself.