A breach of confidentiality is when private information is disclosed to a third party without the consent of the party which owns it.
Examples of information which could be disclosed in the course of your business can include but are not limited to:
Qdos Professional Indemnity Insurance will cover you for defence costs and legal liability in respect of unintentional breach of confidentiality allegations made by your client in respect of your business. Examples may include:
Most contracts will include explicit clauses in relation to confidential information, and many will specify that you hold a suitable PI insurance policy as a result. You may also wish to consider holding a Professional Indemnity Insurance policy to cover such claims if you:
If you have access to confidential information as a course of your business, it is vital to ensure this information is kept safe to not only prevent legal action being taken against you, but to maintain credibility with both existing and future clients.
You can help prevent unintentional breaches by:
Professional Indemnity Insurance is a business insurance policy designed to protect your business against claims for financial loss. Find out more.
Professional indemnity insurance reacts in circumstances where you are alleged to have caused a financial loss due to negligence, omission, or error.
Retroactive insurance cover is provided as standard with most Qdos policies. But what is it and do you need it? Find out about retroactive cover here
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