Whether you're a freelancer, a consultant or run a small business, you may well need to consider professional indemnity insurance. However, many professionals don't know what this type of insurance is or why it's necessary. So, what do you need to know about this type of insurance and why it may be so important for your operation?
What Is Professional Indemnity Insurance?
Professional indemnity insurance (PII) protects you financially if something goes wrong in your work or the advice you give.