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How much professional indemnity insurance do I need?

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Last updated
March 3, 2025

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You can usually choose between £50,000 and £5 million of professional indemnity insurance. Your regulator, professional body or client contracts may indicate you the minimum amount you need. You should also consider the scope of your projects and the potential compensation demand if something went wrong.

You can usually choose between £50,000 and £5 million of professional indemnity insurance. Your regulator, professional body or client contracts may indicate you the minimum amount you need. You should also consider the scope of your projects and the potential compensation demand if something went wrong.

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Small business accountantsProfessional indemnity insurance help
Speak to a small business accountant

Free 20 minute accounting support to discus your business insurance needs.