If you provide advice to your customers – like how to layout a kitchen, for example – a mistake or misunderstanding around the advice you give could see you facing a legal claim.
Professional Indemnity (PI) insurance is essential for those who offer design advice as part of their service. PI insurance covers an ‘act, error or omission in design or specification’, and provides both you and your client with great peace of mind.
Doesn’t my Public Liability (PL) Insurance cover this?
If you charge fees for your service and advice, most (if not all) public liability policies will exclude claims for injury or damage that may arise from a breach of your professional duty. You’ll need professional indemnity coverage to respond to such claims.
How is a Professional Indemnity (PI) claim triggered?
A public liability claim can only be triggered if there is third party injury or property damage. A professional indemnity claim, on the other hand, can be instigated by a financial loss to your client or a third party contractor as a consequence of an error or omission that’s deemed to be a breach of your professional duties.
We’ve worked closely with our insurance partners, CMIB, to tailor a combined Professional Indemnity and Public Liability Insurance Policy specifically suited to professionals in the interior design industry, including the niche areas of kitchen and bathroom design. We’ve negotiated a Master Policy exclusive to KBDi Members, meaning we’ve leveraged our group buying power to get you the best cover at the best price.