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Did Professional Indemnity Insurance work for you?

over 1 year ago from , VisualSitemaps | Design2Dev

Im always skeptical about insurance in general ( my experience has always been that they always look to find a way not to cover your claims. )

However, this last year ( for the first time in 12 yrs ) we've had a client that owed us a ton of $ and refused to pay. We ended up hiring a collections agency to resolve it. Luckily they did, but at a huge cost to us.

Would PI Insurance cover this scenario with less cost? Has it worked for you? please share your story ( good or bad )

p.s.

I found this one offered by AIG : https://www.aig.com/business/insurance/professional-liability

and this one in the UK: https://withJack.co.uk

thanks