Professional Indemnity Insurance for limited company owners – what does it cover?

professional indemnity insurance

If you provide professional personal services to clients, you will almost certainly have heard of PI 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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Claiming back pre-formation costs from your limited company

pre incorporation costs claim

As anyone who has started their own business knows, it can be a costly exercise with a range of expenses to absorb before you’re officially up and running. The bills can quickly add up and typically, these have to be paid from your personal funds. The question is: can you claim any of these expenses back once your limited company has been fully incorporated?

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