Horticultural Industry

Professional Indemnity

Professional Indemnity insurance protects a professional from financial loss, injury or damage arising from a mistake or failure by the professional to exercise the required level of skill. A professional may also be held to be liable for a mistake even though there was no negligence.

Who is a Professional?

Anyone who provides advice and/or services of a skilful character, according to an established discipline, can be regarded as a 'professional' in a legal sense.

The standard public/products liability cover will generally include cover in respect of advice given in conjunction with your product where there is "no fee for service": charged.

However once you provide advice and a separate "fee for service" is charged there would be no cover.

An example could be: You are requested to provide an expert opinion on a horticultural issue and to give a written report and for this you charge a fee.

Claims Made:

The professional indemnity policy is a claims made contract which means that claims first advised to you (or made against you) and reported to your insurer during the period of insurance are covered irrespective of when the incident causing the claim occurred . (Subject to retroactive date)

Therefore it is imperative you notify of any incident or circumstance that may give rise to a claim and you become aware of during the policy period immediately to your Insurer.