What is Professional Indemnity Insurance?

Professional Indemnity Insurance Hong Kong

Professional indemnity insurance provides coverage for professionals and businesses to protect against claims of negligence from clients or customers.

Professional liability insurance typically covers negligence, copyright infringement, personal injury, and more.

Typical professional liability policies will cover the insured against loss from any claim /claims made during the policy period because of any covered error, omission or negligent act committed by the insured’s professional business. Claims covered by a professional liability policy can include damages caused by the professional’s actions or things that the professional should have done.

What is covered?

Professional Indemnity insurance (PI) is there for you when you make a mistake for which you are sued or investigated or both. Professional liability insurance helps covers claims of:

  • Negligence
  • Misrepresentation
  • Inaccurate advice
  • Defamation
  • Intellectual Property

Used mainly by:

What should you know?

Even if the business has done nothing wrong, there is still a chance a client will sue your company. If they believe you made a mistake. A business without coverage can have a significant financial loss that is hard to come back from. Professional Indemnity will also cover the legal fees related to the claims taken to court.

It’s important to know that professional liability insurance does not cover everything. For example, it  will not cover  cased related to the following claims:

  • Bodily injury or property damage: A business will need a Public liability insurance policy to help cover your costs if someone is injured on your business sites or you damage another’s property.
  • Work-related injuriesIf an employee gets injured during their job. The business will need an employee compensation insurance policy to help them recover and return to work.
  • Data breachBusiness will need cyber insurance if your business loses confidential or sensitive information about your clients and customers


Download Our Free Booklet Now
To Learn More About Why You Need Professional Indemnity Insurance!


  • Professional Indemnity Insurance HK- indemnity 中文

All You Need To Know About Professional Indemnity Insurance

Tags: , , , , , , |

There are various professionals in the working environment, each with a different purpose and duty. Some professionals provide products, and some provide services. Professionals who provide services have a serious responsibility to their clients. These professionals include doctors, financial consultants, architects, personal trainers and many more. Their duties include instructing their clients with their expert knowledge in their field. For example, a doctor will advise their patient on what illness they have and what medication they should take. They are liable for their service and how it impacts the client. Although, at the end of the day, they are [...]