What is Indemnity Insurance?
A. Professional Indemnity insurance responds to claims for breach of professional duty or negligence resulting in financial loss. This insurance covers both the cost of claims for compensation that the business is legally liable to pay, and also the costs of defending the claim.
Why is this important to me?
A. Waiheke House Inspection Services having this insurance means peace of mind for you in the unlikely event we might not get right. Professional Indemnity insurance works in a similar way to other third-party insurance products. If we’re involved in an incident where a breach of a professional duty, which causes loss or damage to you, my professional indemnity insurance can help resolve compensation.
