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Friday, November 26, 2010

Why do you need Professional Indemnity Cover?

For those who are into freelance professions, insurance becomes their backbone! Here are a couple of examples to prove the fact.

A patient underwent plastic surgery and was rendered partially blind in one eye. He now claims for improper treatment, and awarding a settlement becomes unavoidable. If you were the surgeon, you would be paying thousands of pounds from your pocket. The best option here would be putting your insurance in place so that it will cover for your mistakes!!

Being a plastic surgeon, you would be required to get Indemnity insurance for a higher amount than if you were a website designer or a photographer. Your insurance amount will depend entirely on the risks involved in your profession.

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