EU Procurement Glossary
DEFINITION

Professional Indemnity Insurance

Insurance covering liability arising from professional errors, omissions, or negligent advice. Frequently required for consulting, engineering, legal, and IT services procurement as a financial standing criterion, with minimum coverage levels specified in selection criteria.

This term is part of the EU public procurement glossary on TenderMetric. To see how it applies in practice, browse live EU tenders or read our procurement insights.

Related Terms

PIN (Prior Information Notice)PPI (Public Procurement of Innovation)Qualification SystemQualitative Selection
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TenderMetric — Independent EU procurement intelligence platform. Not affiliated with the EU Publications Office, the European Commission, or TED (Tenders Electronic Daily). Tender data is sourced from TED for informational purposes only; always verify procurement notices directly at ted.europa.eu before submitting a bid. Full Disclaimer  ·  Last Reviewed: April 2026  ·  Data Methodology