Covering liability is probably a cover that you sell on every policy, particularly Public & Employer’s Liability. But, what about those businesses who are liable who provide professional advice? If Professional indemnity isn’t something that you deal with frequently, it can be quite difficult to get your head around the core mechanics of how these policies work. In this course, we will be exploring how a business can be professionally liable before we understand the different policies that are available. We will also be discovering the legal remedies and underwriting factors.
-Identify when PI is required and the benefits it brings to clients -Recognise risks and exposures with professional trades -Understand how PI can benefit non-traditional type trades -Understand how a policy will respond in the event of a claim