A more tricky policy to understand is that of professional indemnity insurance. At first glance, a professional indemnity insurance policy may appear to be a difficult concept to grasp, but once the principles of its purpose are identified, it becomes a lot simpler to understand. There are, however, a significantly large number of variations available within the bracket of professional indemnity insurance. Read the policy carefully to ensure you are aware of the limits of the coverage the policy offers you. Some indemnity insurance policies will also cover claims of libel or slander, but often this will require a different kind of professional indemnity insurance, one that will cover 'any civil liability' as well as a breach of contract.
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