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Price Promise

BizCover PI Price Promise

At BizCover, not only do we understand how important it is to save time and money, but also how important it is to get a good deal. That is why we offer a Price Promise on all our Professional Indemnity policies.

If within 7 days of making full payment of a Professional Indemnity Policy from BizCover Australia, you can demonstrate that a substantially comparable professional indemnity policy can be obtained from an Australian broker at a lower price, BizCover promises to beat that price or fully refund you the paid amount.*

Please note: If you selected the monthly payment option, you must notify us prior to returning your forms to Macquarie Bank to eligible to the Price Promise.

If you qualify for the BizCover Price Promise, claiming is as easy as 1-2-3 – all you need is the following:

1. Have a Professional Indemnity Policy from BizCover.com.au;
2. Submit a copy of the cheaper quote obtained from an Australian broker including the wording of the policy and the annual premium including GST, stamp duty, broker fee and all other applicable taxes; and
3. Complete and submit the Price Promise claim form within 7 days of making the payment at BizCover.com.au.

The Price Promise applies to the total cost of the professional indemnity policy. Only the individual who bought and paid for the policy (Claimant) may make a claim under the BizCover Price Promise. The decision to beat the price or make a full refund is at the sole discretion of BizCover.

Once you submit your claim, you will be notified by email within 3 working days as to whether or not your claim qualifies for the Price Promise.

Price Promise Application Form

Pleaase note that BizCover's Price Promise only applies to professional indemnity policies. Please fill in all the fields on the form below. Incomplete forms will not be processed.

BizCover Policy Details

Insured Name*

BizCover Policy number

Total Cost of the Policy*

Date of purchase*

Competitor's professional indemnity offer

Attach quote and policy wording (PDF or MS Word format only).

Please ensure the uploaded documents include: Competitor's quote including full price (stamp duty, broker fee, GST and any other applicable taxes) and copy of the policy wording offered by competitor. You must upload at least one document.



Insured Details

First Name*

Surname*

Position*

Your Email*

Daytime phone number*

I agree to BizCover PI Price Promise Terms & Conditions below.

captcha

 

* Terms & Conditions

  • Price Promise: If within 7 days of purchasing a Professional Indemnity Policy from BizCover Australia, you can demonstrate that a substantially comparable professional indemnity policy can be obtained from an Australian broker at a lower price, BizCover promises to beat that price or fully refund you the amount paid. If you selected the monthly payment option, you must notify us prior to returning your forms to Macquarie Bank to eligible to the Price Promise. The refund will be made within 10 days of making your claim.
  • Notifying BizCover of a Claim: You must submit the Price Promise Claim form within seven (7) days of making payment for your Professional Indemnity Policy at Bizcover.com.au to be eligible for the BizCover Price Promise. The lower price must be available at the time you contact us, and a copy of the quote for a substantially comparable professional indemnity policy from an Australian Broker must be attached to the claim. The competitor’s quote must NOT be older than 30 days.
  • Price Promise Exclusions: The BizCover Price Promise does NOT apply to:
    • Stand alone public liability insurance policies (where public liability is offered separately to the professional indemnity policy)
    • Business insurance policies (e.g. Content, Building, Equipment, Business Interruption)
    • Professional Indemnity Policies for which a claim has arisen.
    • Policies that have previously lapsed or been cancelled.
    • Lower premium policies as a result of multi-policy discount.
    • Professional Indemnity Policies available due to membership of a group, association or corporate entity or subscription to a closed group.
  • Verification of Claims. So that BizCover can confirm that the lower quote is genuine, available and able to be bought by the general public, all requests and claims, including quotes, are subject to verification by BizCover customer service representatives. BizCover will not accept quotes or other purported evidence of a lower price that cannot be independently confirmed by BizCover customer service representative. Nor will BizCover verify any request that it believes, at its sole discretion, is the result of a printing or other error or is made fraudulently or in bad faith. You must provide BizCover with all requested information on the BizCover Price Promise Claim form. Failure to provide BizCover with sufficient evidence or details of the lower price may result in invalidation of your claim.. Verified requests will be either beat or receive a full refund. BizCover reserves the right to solely decide if a policy price is beat or fully refund.
  • Changes. BizCover may modify or discontinue the BizCover Price Promise or restrict its availability to any person, at any time, without prior notice or liability to you, except where excluding or limiting liability is prohibited by law. The terms that are in effect at the time of your purchase will determine your eligibility under the BizCover Price Promise. The failure by BizCover to enforce any provision of these Terms & Conditions shall not constitute a waiver of that provision.