Protect yourself
from client disputes

Professional Indemnity (PI) insurance can protect your company from the cost of lawsuits due to breach of contract or errors and delays in your service to clients.

Protect Your Business Today

Why Get Professional Indemnity Insurance?

Access to Experts

Get access to costly expert legal advice when there is a dispute covered by the policy to resolve your disputes quickly.

Protect against Disputes

Customers can allege all kinds of problems that take years to settle. Insurance can cover your defence costs for as long as it takes.

Sales to Institutions

To win contracts with large or overseas clients in the US, Europe or Australia, PI coverage is required or can help answer objections to working with new services or smaller vendors. 

Who needs Professional Indemnity Insurance?

Startups

Any startup that sells tech services or provides advice

Consultants

Any company that provides consulting services

Fitness Instructors

Fitness instructors, personal trainers, or any other type of trainers that provide fitness advice

Key Policy Coverages

Typical policy benefits

Defence cost and related legal expenses
Cost and expenses for official investigation and enquiries
PR expenses
Coverage to extend to consultants, subcontractors and agents
Civil fines or penalties
Lost Data

Typical Exclusions

Any criminal or deliberate act by the insured
Bodily injury and property damage unless it is a direct result of the insured’s conduct of business

This is covered by Public Liability Insurance. Find out more.

Ongoing litigation before policy inception

Affordable Policy for young startups

At Anapi, we have sourced  protection solutions that works for new startups with policy coverage limits of S$500,000, S$1,000,000 and S$2,000,000

Key requirements to qualify

The company incorporation date is less than 24 months ago
Estimated revenue in the past or next 12 months is less than S$2m
Estimated funds raised and total assets is less than S$15m
Current headcount of less than 30 people
No staff, operations or subsidiaries in the US or Canada
The company is not under Monetary Authority Singapore (MAS) or similar country regulatory body
Get a quote today!

Come discuss your risk with us

At Anapi, we strive to make complex insurance easy to understand and obtain. Contact us today to get a personalised quote or to learn more about our insurance solutions.