Graphic design professional insurance explained
With the proliferation of a more no win no fee compensation culture, professionals delivering advice and consultancy services could quite rightly be more concerned about legal issues. Graphic designers have often turned to professional insurance to guard them against law-related claims, and the right kind of policy is as important as ever. Graphic design professional insurance is a potential safety net against some of the large legal bills which can run up as a result of a dispute or mistake.
A policy which includes a professional indemnity element will pay for legal help should the company or individual ever be accused of making an error, omission, or simply committing an act of negligence in their day to day work. It guards against all sorts of eventualities, such as defamation, allegations of breaches of confidence or copyright, or even the loss or damage of a client’s important documents or data.
To give an example, a graphic design artist might be hired by a company to design a new logo. After the logo is drawn up approved and used on company literature, the designer my face a legal claim rightly or wrongly from someone who feels their copyright has been infringed by the brand’s design. The client may then take action to recover the cost of their fees if they are then contacted by the alleged copyright holder. Graphic design professional insurance with indemnity provision would protect you right the way through this case, paying legal fees while you seek to bring the case to a satisfactory close.
You can even arrange protection which goes on for a period after you have stopped trading or changed jobs, ensuring there are no unexpected and unwanted surprises. This also applies to past events, so you can get protection which is retrospective, protecting against something which happened a long time ago, for which you are only made aware of after you buy your policy.
Graphic design professional insurance will in most cases even payout compensation to a successful claimant, if awarded, and up to certain limits agreed at the start of your policy. Should you need to, you can often even agree an excess on a policy as with a common car insurance policy.
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