Product Demo
Professional Indemnity Insurance
Specialist professional indemnity insurance from £8 a month*
Build my quote
Professional Indemnity Insurance
Specialist professional indemnity insurance from £8 a month*
Build my quote
Professional indemnity insurance cover at a glance:
£50k - £5m cover limits available- Professional negligence
- Unintentional breach of confidentiality/copyright
- Defamation and libel
- Loss of documents or data
- Loss of money or goods
Fast, easy online quote in 90 seconds
24hr legal advice helpline included
No hidden fees or cancellations
Professional indemnity insurance cover at a glance:
- £50k - £5m cover limits available
- Professional negligence
- Unintentional breach of confidentiality/copyright
- Defamation and libel
- Loss of documents or data
- Loss of money or goods
Rated 4.8 stars from 3,300 reviews on Feefo
Rated 4.8 stars from 3,300 reviews on Feefo
What is Professional indemnity insurance?
Professional indemnity insurance (also known as PI insurance, PII or professional liability insurance) is designed to protect you if you make a mistake in a piece of work for a client that causes them a financial loss. Examples include providing incorrect advice, sub-standard services, or incorrect designs.
These mistakes can cost your clients time and money, and they may then choose to take legal action against you to recover their costs.
Professional indemnity insurance pays the legal costs of defending you, as well as any compensation payments that may be due to your client as a result of your mistake.
Even if you've done nothing wrong and a client makes an unfounded or spurious claim against you, it can cost significant sums of money to defend yourself. Professional indemnity insurance can be your protection against such scenarios.
Example policy documents
If you have an existing policy with us, please sign in to view your policy documents.
Below you will find an examples of the documents provided.
Policy wording.pdf
Why do I need Professional indemnity insurance?
Professional indemnity insurance pays your legal costs, as well as any compensation payments that you might be liable for, if your client takes legal action against you. This could be for a mistake you made when providing professional services, advice or designs to them.
We know that everyone strives to provide their clients with the best service possible. But sometimes, no matter what, things go wrong. So, it pays to be properly insured.
Without professional indemnity cover in place, you'd have to defend any allegations of mistakes out of your own finances. It could prove very damaging and costly, which is why it's typically regarded as a vital piece of business insurance.
Professional indemnity cover from
£8.00 per month
*Based on professional indemnity cover up to £2 million.
Who needs Professional Indemnity insurance?
You should consider arranging professional indemnity insurance if:
- You provide advice, designs or professional services to your clients
- Your client requires you to have professional indemnity cover to begin a contract
- Your industry body requires you to have professional indemnity cover to operate
This includes a wide range of occupations such as:
How it works
Choose what you need
Only pay for the cover you need by picking and choosing coverage that's as unique as you.
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Arrange cover in a matter of minutes and get access to your documents the same day.
What is covered by professional indemnity insurance?
Our professional indemnity insurance covers your legal costs and expenses when defending against a claim. It also covers any compensation or costs that may subsequently be awarded, following:
What is covered:
Professional negligence - such as making a mistake in a piece of work for a client or giving them poor advice- Unintentional breach of confidentiality - such as sharing sensitive client information without permission
- Unintentional breach of copyright - such as using an image on your website without permission
- Defamation and libel - such as making false comments about a competitor or client that damages their reputation
- Loss of documents or data - such as if you accidentally delete vital client data or lose important documents
- Loss of money or goods (for which you are responsible) - such as if you lose money entrusted to you by a client or a valuable piece of machinery goes missing
What is not covered:
Intentional misconduct or fraud - such as claims arising from intentional wrongdoing, fraudulent acts, or illegal activities.- Client injuries - such as if your actions cause a third-party to have an accident. For this, consider public liability insurance
- Employee disputes - such as wrongful termination or discrimination claims. For this, consider legal expenses insurance
- Cyber-attacks or data breaches - such as losses related to cyber incidents. For this, consider cyber insurance
- Known claims or circumstances - such as claims related to issues that you were aware of before purchasing the policy.
- Product liability - such as, if a manufactured product causes damage. For this, consider public liability insurance
Indicative quotes
Business consultant with £75,000 turnover
Sole trader
0 employees
2+years' experience
Leeds£8.40/month
(£84.00/year)
Professional indemnityPublic liabilityEmployers' liabilityIT contractor with £100,000 turnover
Limited company3 employees5+years' experienceSomerset£27.33/month
(£273.30/year)
Professional indemnityPublic liabilityEmployers' liabilityPortable equipmentFreelance wedding photographer with £100,000 turnover
Sole trader0 employees5+years' experienceSheffield£20.72/month
(£207.20/year)
Professional indemnityPublic liabilityPortable equipmentEmployers' liabilityFigures based on data from 1st Jan - 30 Jun 2024.
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Dont worry, if your still unsure we will ask you some specific questions and guide you along the way.
Frequently asked questions
These frequently asked questions are designed to help you and include questions relating to policy cover, pricing and 'technical' terms.
Professional indemnity insurance claims can be wide-ranging, but some examples are given below:
Management consultant - a business plan provided to a client doesn't deliver the expected results. They claim against you for their financial loss.
IT contractor - a website, application or software provided to your client isn't fit for purpose. They claim against you for the cost of putting the mistake right.
Engineering contractor - some CAD work you undertake for a client contains the wrong measurements and causes long delays to your client's project. They claim against you for the cost of putting the mistake right.
Fitness professionals - a client injures themselves during a session. They make a claim against you alleging that you failed to properly explain how to perform the exercise.
Photographers - a client alleges that the photographs taken aren't suitable for use, or a memory card corrupts and you lose all the day's shots. They claim against you for the cost of re-organising the shoot.
Teacher/tutor - a client doesn't achieve the necessary grades to pass their exams. They claim against you for the financial losses suffered.
No, professional indemnity insurance is not a legal requirement in the UK. However, some industries or clients may require you to secure this insurance before beginning a professional relationship.
On your Markel Direct, you can download a confirmation of insurance document and schedule which includes cover and premium
Yes, professional indemnity insurance is tax deductible as it is considered an 'allowable expense'.
Can't find the answer you are looking for? - Contact our experts
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