Combines Public & Products Liability as well as Professional Indemnity Insurance into the one policy.
Information Technology (IT) Liability insurance provides IT professionals with financial protection if you fail to deliver the contractually agreed upon products and services to your clients. Legal action is becoming increasingly common, and if you are deemed or alleged to be liable, losses to your business could run into tens of thousands of dollars.
IT Liability insurance combines both Public Liability and Professional Indemnity insurance into one policy, exclusively for IT professionals.
It has been designed to provide cover in the event of a claim such as:
- Contract breach where you have failed to perform or complete work as set out in a contract.
- Professional Indemnity where legal expenses and compensation is owed to a client in the event you are found liable for financial loss as a result your professional advice or paid service.
IT Liability insurance also extends to cover your business operations as a whole, giving you the confidence to plan ahead with certainty and grow your business.