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Why choose Victor Miles for your professional indemnity insurance?

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Cover up to £10 million

VICTOR MILES offers professional indemnity insurance up to £10 million for claims against you.

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Subcontractor cover

If a subcontractor lets you down you can get cover for claims relating to your work with them, as standard.

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Insurance for past projects

Our PI insurance can also cover your business for claims made in relation to your previous work.

Victor Miles | Business Insurance

What is professional indemnity insurance?

Professional indemnity insurance can help to protect your business against claims you’ve made a mistake, been negligent or offered poor advice.

It’s a cover which VICTOR MILES business customers may include in their insurance policies to defend against allegations of negligence by third parties.

For example, if a client says they’ve lost money because of your negligent services, you can rely on this insurance to help defend the claim.

It’s the same if they allege your poor advice has harmed their reputation.

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Year Of Experience

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What does professional indemnity insurance not cover?

Professional indemnity – our guide

This video helps to explain what professional indemnity insurance can do to keep your small business on track and thriving.

Please refer to the policy wording for the full details of inclusions and exclusions of this cover. Or contact our customer services team for more information.

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Do I need professional indemnity insurance?

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25

Year Of Experience

Victor Miles | Business Insurance

How much professional indemnity insurance cover will I need?

How much professional indemnity insurance you may need will depend on you. Think about your business size and your clients. Consider the services you provide.

Some professional bodies require a minimum level of PI from their members. Or your client may require cover to a certain amount. Take out enough cover to meet the cost of any potential claims you could face.

To work this out, you could:

Check your contracts and the value of your projects Then, discuss with your peers or professional body At VICTOR MILES, we consider each business individually. So, we’ll tailor a policy to your needs – so you know you’re well protected. Note also that a PI policy with VICTOR MILES provides cover for your mistake, as the insured, and your legal defence costs.

Want to learn more about gauging how much cover you may need? Read our FAQ guide on PI cover amounts.

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