Vero Liability offers Professional Indemnity insurance to businesses that provide professional services to their clients. This insurance protects against legal liability for either negligence based or civil claims by clients, including the cost of defending court proceedings.
About
Professional Indemnity insurance responds to claims for breach of professional duty or negligence resulting in financial loss.
This insurance covers both the cost of claims for compensation that the business is legally liable to pay, and also the costs of defending the claim. The cost of defending a claim can be significant, whether or not the claim is justified and full cost recovery against the claimant is unlikely.
Who should consider this product?
Anyone whose business is to provide their opinion, advice or other professional services to their clients.
Core customers for Professional Indemnity insurance include:
- Lawyers
- Accountants
- Engineers
- Architects
- Consultants
Requesting a Quote
Our website provides general information about our products and services and is not intended to be financial advice. Vero Liability products are available through insurance brokers and advisers. An insurance broker provides independent, professional and specialist advice to help make sure you have the right protection. If you don’t already have one, you can find a broker on the Insurance Brokers Association of New Zealand (IBANZ) website by clicking on the button below.
