Running a small business is rewarding, but it’s also full of risk. Accidents and mistakes can happen in any workplace, and beauty salons are no exception! It may be wise to prepare for worst-case scenarios so you’re not entirely caught off guard if they happen.

There’s a great deal of responsibility and care required when you provide specialist advice and services for a living. No matter how professional you may be, all it takes is one dissatisfied client for you to potentially be dealing with a lawsuit or insurance claim. Fortunately, this is where Professional Indemnity insurance can provide protection when you need it most.

Insurance can be a confusing business, especially when you’re dealing with Professional Indemnity insurance*. However, you can make sure you get the Professional Indemnity that is suitable for you by asking the right questions. Here are seven things you should take into consideration when purchasing Professional Indemnity insurance.

Insurance can be a confusing business, especially when you’re dealing with Professional Indemnity insurance*. However, you can make sure you get the Professional Indemnity that is suitable for you by asking the right questions. Here are seven things you should take into consideration when purchasing Professional Indemnity insurance.

Professional Indemnity insurance may not be the most obvious type of business insurance for tradies in New Zealand, yet in reality it can be relevant and very handy given the fact that many tradies provide professional advice to their customers for a fee.

Professional Indemnity insurance* is an important form of protection for businesses that provide specialist services or professional advice. It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. PI Insurance could also assist with the legal costs associated with responding to or managing claims which are covered by the policy.

Crunching numbers and helping your clients with their accounting queries is all in a day’s work as an accountant. But even with all the years of experience, training and education, mistakes can happen when you least expect them. While there are many types of accounting insurances on the market, Professional Indemnity insurance* is something to consider when looking at ways to protect your accounting business with business insurance.

It’s important to understand the difference between Professional Indemnity and Public Liability insurance as the two types of cover can often cause confusion. Whilst both covers protect your business against legal action they offer different forms of protection.

Working as a graphic design there are plenty of things you need to plan and have in place to keep your business running. With things like copyright laws, the risk of things going wrong with a client’s project, protecting your graphic design business for the long haul is probably up there as one of your priorities.

If you are a professional who provides advice or a service to your clients, your Professional Indemnity (PI) insurance is no doubt one of the most vital covers you have for your business. If things don’t quite go to plan it can provide much needed financial assistance for legal and compensation costs in the event of action taken against your business.