Professional Indemnity Insurance issue
Discussion
Terminator X said:
As a business owner why wouldn't you have PII regardless? If you ever get sued how were you planning to deal with it?
TX.
Interesting one. The only time my company came close to being sued for negligence one of the main factors for the client not pursuing the case was that we didn't have indemnity insurance. Our legal costs for a defence would have eaten all the money in the company and the client would be left paying a large legal bill with nothing to show for it! TX.
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