professional indemnity insurance

Professional Indemnity Insurance Is a Must for the Members of Professional Bodies

Just as being insured is an essential part of earning, indemnity insurance is essential for the professionals. However, very few professionals are aware of the need to get indemnity insurance. Finding an answer to who would require indemnity insurance would point toward all the businesses or the professional bodies offering professional services or advice. Whereas, it can be pointed out that having indemnity insurance is not a legal binding when certain companies are concerned, it is also true that most of the professional bodies and businesses insist that their members have indemnity insurance.