Professional Indemnity Insurance – what does it cover?

professional indemnity insurance

As a consultant, IT contractor,or other type of small professional limited company owner, you will almost certainly have heard of professional indemnity insurance and may have been asked what level of cover you have by a potential client before being awarded a contract. But what exactly is professional indemnity insurance, what does it insure you against, and do you really need it?

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Do limited company owners need tax investigation insurance?

IR35 tax insurance

By taking out tax investigation insurance, you can help to mitigate the potential cost of being investigated by HMRC which can be both time-consuming and expensive. This type of insurance policy also gives you the peace of mind that you will be covered should you be selected for tax investigation.

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