Indemnity insurance can be obtained by professionals on their own, or through groups, such as employers or associations. Legitimate professional indemnity insurance is offered only by a few service providers and your choice may vary according to the risk covered. Professional indemnity is an exceptional guard particularly for small business and contractors. Following are the main features that you should look for in a typical indemnity insurance policy:
* Libel and Slander
* Loss of documents
* For negligence or breach of a duty of care
* Infringement of intellectual property rights
* Dishonesty of employees
* Fidelity
* Unintentional breach of confidence
* Infringement of copyright and intellectual property rights
* Negligent misstatement or misrepresentation