isure offers a simple solution to professionals in this field. We understand the challenges of the construction industry and our insurance is offered at affordable prices.
Professional Indemnity and Public & Products Liability insurance is often required by regulatory bodies and customers as part of any contract for service(s). Evidence of holding valid Professional Indemnity & Public and Products Liability insurance will be required prior to commencing a contract for services. You are also vicariously liable for the negligence of your employees.
Whilst standard Combined Public & Products Liability and Construction policies provide indemnification for legal liability to pay damages for injury or damage to a third party they do not generally extend to cover professional negligence.
Litigation is expensive even if you’re not found liable.
Of course there are exclusions in the policy which are common to this industry. For example asbestos related claims, oil and gas conditions, toxic mould and pollution not caused by sudden and accidental causes, cladding/façade work. Read the policy terms to decide if it is suitable for your consulting and project work.