Professional indemnity insurance can help protect Artists and Art Professionals who have clients and if a client claims that there is a problem with the work you’ve done for them.
It can offer cover if you need to pay compensation to correct a mistake or settle a claim, and can also cover your legal defence costs.
Even though you may strive to deliver an impeccable service to your clients, mistakes do happen. Professional Indemnity Insurance is designed to protect you against the cost of dealing with a claim from a disgruntled customer. Whether that’s due to a project overrunning or strategic advice that ends up losing a client money, it’s important to ensure you’re covered should an error occur.
For example, you may be faced with paying compensation to a client if they make a claim of:
negligence – being careless in your work, such as giving bad advice or making a mistake
infringement of intellectual property rights – for example re-using third-party content without permission
defamation – making false or damaging claims about a person or organisation
breach of confidence – sharing confidential or commercially sensitive information without consent
A couple of examples for what Professional Indemnity Insurance would cover:
You made some recommendations to a client regarding a Public Art Strategy. The client made business changes based on the advice you gave them. The changes didn’t bring the benefits they expected and cost them money. So they make a claim against you for compensation. Professional indemnity insurance would cover the claim for compensation plus the costs of defending or settling the claim.
You share a case study about a former client in a presentation at a conference. Afterwards that former client makes a claim against you for defamation, alleging that you made a false statement about them, and demands you pay compensation. Professional indemnity insurance would cover the compensation payable plus your legal defence costs.
Professional Indemnity cover can be expensive. One member artists told us they were paying £500 per year. Through Axisweb Membership, Professional Indemnity Cover is FREE.
As a Charity we support Artists and Art Professionals. Unlike other schemes we don’t charge extra our Membership includes FREE Professional Indemnity and FREE Public Liability Cover.
Free with Membership our Professional Indemnity Insurance provides £5 million cover and is worldwide (excluding claims brought in USA/Canada).
Only £2.50 per month or £25 per year. Sign up for membership with FREE insurance >