Events may be cancelled, with the approval of the Hampshire House, without any penalty to the client, up to 12 months in advance. Events cancelled less than 12 months in advance are subject to the loss of the initial deposit.
(read more) Professional Indemnity insurance - also known as PI insurance or PII â is intended to protect professionals and their businesses in the event of claims made by a client (or third party) suggesting that they have suffered loss as a result of non-performance, breach of contract and/or professional negligence in the services provided.
Professional indemnity insurance, also known as PI insurance, is a type of liability cover designed to protect an individual or business against claims made by clients for loss or damage due to negligent advice or services.s well as cover for compensation, this type of insurance is designed to cover legal fees and costs (either exclusive or inclusive basis over the insured sum-you'll need to check). The most common professional liability lawsuits arise from: 1  Negligence, omission or error.