What is professional indemnity? In simple terms an indemnity refers to a form of compensation for a loss someone suffers. In the professional context this refers to a payment paid for losses caused by a company that has been proven to be negligent.
How do you prove negligence?
One of the complications involved with proving negligence is showing that the actions of a company led to someone suffering from a problem. A good illustration is with car manufacturers. If a car malfunctions and the company does not know about it then they pay compensation to someone who suffers as a result.
However if they know there is a problem with a number of cars and do not recall them then this is an example of negligence as it shows that they are aware of the problem but did not take sufficient steps to protect their customers and get rid of the defective products.
What you can be compensated for
There are numerous things you can be compensated for if a business is proven to be negligent.
- Compensation for the item you purchased
- Payment for medical treatments
- Payment for loss of earnings caused by illness or injury that can be caused by defective products or poor working practices
- Compensation for additional travel costs or other expenses that can be caused by negligence
With each of these aspects it is important to clearly show that any injuries or conditions a person has suffered can be directly attributed to negligence on the part of a company. If this cannot be proven then it is unlikely that a claim will be successful.
Why companies should get professional indemnity insurance
There are people out there who are reluctant to pursue claims due to negligence in the workplace because they are afraid that their claim could cost their company. However companies ought to have insurance in place so that if a claim is brought against them they are covered. Therefore you should not feel guilty about seeking compensation as the company is required by law to be prepared for it.
Why you should contact Accident Advice Helpline
If you have been affected by a negligent company and want to make a professional indemnity claim then it is worth contacting us. Accident Advice Helpline has been running for over 13 years and we pride ourselves on the high level of customer service, something that has won a lot of positive reviews online and the endorsement of TV consumer rights champion Esther Rantzen.
The helpline is available 24 hours a day and we have a team of experienced professionals on hand to deal with your enquiry. There is no obligation and we work on a “no win no fee* basis” Contact us today to find out more.