Insurance for Interior Design

Business Insurance for Interior Designers

SBID Members can access an exclusive 15% discount on Superscript Insurance

Professional Indemnity (PI) is a required business insurance for SBID registered interior designers. To help protect our professionals in practice against the risks associated with project procurement, SBID members can save 15% on a range of business insurance solutions (including professional indemnity) to suit project and business requirements. As you’d expect, terms and conditions apply.

professional service contract, Insurance for Interior Design

Why do I need it?

Valid PI cover is a condition of SBID Accredited membership. It’s designed to provide protection from a range of risks, including mistakes in your work, intellectual property disputes, compensation claims and contract disputes. Other covers also provide protection against various risks faced by practicing interior designers.

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Offers Protection

Designed to protect policy holders in financial dispute if clients make a claim against them

Can Cover Legal Costs

Safeguards if disagreements occur by handling the cost of putting things right – including legal fees

Suits Business Needs

Part of a customisable business insurance policy that can be tailored to meet your needs

Become an SBID Member

Enro Ltd t/a Superscript is authorised and regulated by the Financial Conduct Authority. FRN 656459.

What is professional indemnity insurance?

If you’re found responsible for causing financial loss to your client by providing inadequate advice, services or designs, professional indemnity (PI) insurance can cover your legal costs and the expenses involved in defending a claim, as well as compensation paid to the client.

Who needs professional indemnity insurance?

Although professional indemnity insurance isn’t a legal requirement, some regulatory bodies and professional organisations, including the SBID, make PI cover a condition of membership or accreditation.

Some professionals may be required to have PI cover as part of a contractual obligation, whilst many choose this cover because of the protection and security it provides if their advice or service delivered fails to meet a client’s expectations,

Which other types of business insurance should I consider?

To ensure your business is adequately protected from the risks you may face, you may want to consider getting other covers on top of professional indemnity insurance.

As an interior design professional, some relevant covers you may want to consider include:

Public liability insurance – in case you or a member of your team injures a third party or causes damage to their property. Superscript’s public liability insurance also includes product liability cover.
Equipment cover – can pay for replacements or repairs if your equipment is lost, damaged or stolen.
Cyber insurance – to protect you against the risks that come with storing and handling data.
Employers’ liability insurance – if anyone else works for your business, this is likely to be a legal requirement.

How much is professional indemnity insurance?

The cost of PI insurance varies depending on different factors, such as the level of cover you need, the number of people you employ, your annual turnover and the risks associated with your business activities.

Terms & Conditions:

The 15% discount is available to any SBID member taking out a new business policy with Superscript; it will not be granted in conjunction with any other offer, voucher or discount, excluding unique referral codes from our Refer-A-Friend programme which can be used in conjunction with the SBID discount. Subject to eligibility requirements.

– The discount offer of 15% off (‘the Offer’) is only available to SBID members who are new online, non-advised Superscript customers.

– The Offer will be applied to your Superscript policy for a 12 month period from the date of policy start date. After the discounted 12 month period, premiums will then be calculated at the applicable rate. You will be informed of any price changes in good time, prior to the anniversary of your policy.

– The Offer will not apply to cancellation fees. In the event that you cancel your Superscript policy within the first 6 months of cover, we reserve the right to deduct, withhold or charge the total value of the Offer from any payments due to or from you.

– To be eligible, you must have been directed from SBID by clicking on the appropriate link and cannot be retrospectively applied. The Offer is not assignable.

– The Offer will be automatically applied to your account by Superscript.

– The Offer will be applied each month, regardless of annual or monthly payment option selection. The Offer can only be used once during any 12 month period. There is no cash alternative.

– The Offer can not be used in conjunction with any other Superscript offer, voucher or promotional benefit.

– The Offer is subject to eligibility requirements.

– We reserve the right to withdraw the Offer at any time.