Technical writers are becoming increasingly in demand across a range of industries due to your ability to make complex and technical material easier to understand. Being a self-employed technical writers comes with a number of benefits – you’re often able to operate autonomously and complete your work when it suits you. However, like any professional you face a number of risk exposures in your work as a technical writer. We’re here to look at how you can protect your risks with the help of professional indemnity insurance.
What is professional indemnity insurance?
Professional indemnity insurance is designed for professional who provide advice or services to businesses or individuals as part of their work. If a third party makes a claim against you following an act, error, omissions or breach of duty which results in financial loss, professional indemnity insurance can help protect against the costs associated with a claim. It can help cover costs such as legal fees, public relations costs, claims for damages, investigation costs and other associated expenses.
Why do technical writers need professional indemnity insurance?
Technical writers are responsible for a range of duties and it takes a lot of care to carry out your duties proficiently. As with a lot of other professional, there are a number of risk exposures you need to consider with your work. Some of your risks could include failing to submit your work on time, breaching the conditions of a contract, allegations of plagiarism or failing to accurately research, and copyright and trademark infringements. Professional indemnity insurance gives you the confident to go about your daily work knowing that you’ll be protected finally in the event of a claim following negligence or a breach of professional duty.
What does professional indemnity insurance cover?
Professional indemnity insurance will typically provide cover for scenarios such as the costs associated with investigating and settling a claim and the costs of hiring a public relations expert if your reputation is damaged. There are also certain exclusions attached to your policy such as illegal or deliberate actions, or behaviour which is deemed to be related to fraud or dishonesty. Make sure you’re aware of the exclusions attached to your policy so you know what’s covered and what’s not covered.
Contractor Cover take the hard work out of insurance by combining the most commonly used policies for contractors in Australia into one convenient package. We have experience providing cover for contractors in a range of industries so you can be confident that you’re protected. We’re backed by one of the largest insurers in the world and we’ve arranged a special deal with Australian contractors. If you require additional cover, just ask one of our team and we’ll see if we can assist.
For further information about insurance for technical writers in Perth, contact Contractor Cover today on 1300 438 268.
