Why do Professionals need it?

While you’re in the business of providing expert advice to your clients, we’re in the business of providing the right insurance to keep you protected.

Whether you’re an expert at balancing the books or the creator of the next big marketing campaign, as a professional there are a variety of insurance policies you may need to consider to ensure you and your business are protected against unwanted claims.

 

We provide insurance for a broad range of professionals, including:

  • Accountants
  • Architects
  • Bookkeepers & BAS Agents
  • Consultants
  • Engineers
  • Finance & Mortgage Brokers
  • IT Professionals
  • Marketing
  • Psychologist
  • Real Estate Agents
  • Recruitment Consultants
  • Registered Migration Agents

Did you Know?

As a professional, it is vital to eliminate any element of doubt about the work that you are going to deliver, so make sure you sign a contract specifying exactly what your client can expect as a result of your professional services.

Insurance for Professionals

Professional Indemnity*

There are many different types of professional occupations, yet they all tend to share one mutual factor – all are held to high expectations to deliver a specialist service or advice. But what would you do if a client claims that you did not meet their expectations and takes legal action taken against you for not delivering a service that was promised?

Luckily there is an insurance policy for that and it’s called Professional Indemnity insurance. A form of cover which can provide protection against potential losses arising out of acts, errors and omissions in regards to the service you provide. Professional Liability insurance can cover compensation awarded to your client as well as your legal and defence costs, court attendance costs, as well as PR costs to help uphold your reputation.

Public Liability Insurance*

Public Liability insurance is an important form of cover for all types of professionals. It is designed to provide protection for you and your business in the event a client, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.

When you meet with your clients, at your office, at your client’s home or at the coffee shop, there is always the potential for mishaps and accidents.

Business Insurance*

Your clients are the bread and butter of your business, but would you be able to go about your business without your assets? Without having any protection in place, you could be hit with a few unwelcome challenges that could leave your bank account a little worse for wear. Protecting your contents, stock and premises (if you own it) against fire, storm, theft, vandalism and accidental damage is something every sensible business owner should consider.

It is also worth looking at how Business Interruption cover can help you you get back on your feet if your business wasn’t able to open its doors due an insurable event.

Cyber Liability*

You should also take a moment to think about all of the data your business stores and what you would do if it were compromised. Or what if hackers took over your business operating system and denied you access? Don’t be left wondering. Consider Cyber Liability insurance to protect your business against IT forensic costs to restore your system and any associated legal costs if your network was hacked and your client’s sensitive information stolen.

 

*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

When professionals  may need it?

  • Providing inadequate or incorrect advice
  • Lack of appropriate due diligence & allegations of negligence
  • Misstatement or misinterpretation
  • Misstatement or misinterpretation
  • Dissatisfaction with the timeliness of completing work
  • Confidentiality breaches
  • Fraud and dishonesty
  • Conflicts of interest

Simple, easy to navigate. Great Value!

Robbie D
Real Estate

Really easy and no long forms or wait times like other providers of PI.

Phillip B
Engineering

Brilliant. It was so easy to get this done and it was the lowest quote. I spent a whole day getting multiple quotes but bizcover found the best one for me!

Merill F
Information Technology

Purchasing through bizcover.com.au on line was easy. Follow up phone calls to them were professional. I found a Professional Indemnity quote that saved me 40% over my previous insurer. The bonus was being able to get Business Insurance as well at the same time which saved me 10% again over a previous insurer. So far so good.

S Jackson
Real Estate

So quick and easy to create my personalised business cover, I would definitely recommend Bizcover to anyone looking for insurance. Thank you!

S Macabulos
Consultant

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