What is the difference between Professional Indemnity insurance and Employers Liability insurance?


Answers: Professional Indemnity Insurance (PII) is insurance against the risk that clients will sue a professional advisor - for example for bad advice or not giving appropriate warning.

Employers Liability covers other risks such as the risk that an employee might be injured at work
Steve T's answer is correct but I have rob his answer and added a comment here and there.

Professional Indemnity Insurance (PI)is insurance against the risk that clients will sue a professional adviser for example for discouraging advice or not giving appropriate advice. The like of architects; new home build developers or any company with a consultative/advisory role

Employers Liability covers other risks such as the risk that an member of staff might be injured at work. Employers' Liability is a legal requirement in the UK.

Public Liability is not compulsory but in some industries, highly desirable.


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