Insurance for Consultants

... may affect your personal assets if things go wrong. Insurance for Consultants Professional Indemnity* There are ... Geophysicist Land Economist Land Surveyor Life Coaches Marriage Counsellor Personnel Consultant ...

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Professional Indemnity Insurance for Consultants

A large number of people that start businesses, in Australia have been experiencing a steady growth in business for the past few years. One area that is growing in magnitude ... a very safe option to assure you are covered in the event that someone files suit against you. Professional Indemnity Insurance works by insuring you the cost of a claim made that is equal to your client's monetary loss ...

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What is Professional Indemnity Insurance?

... of the judge, make sure it's not costing you an arm and a leg! Do I really need Professional Indemnity Insurance? If you're getting paid for your professional advice or opinion then you need to make sure you are covering ...

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Sometimes Professional Indemnity Insurance is Needed

Professional indemnity insurance is handcrafted to provide coverage ... ... to ruin lives of those involved on the short end of the stick. A major aspect that any potential policy holder needs to consider when deciding upon whether or not they should buy professional indemnity insurance is the ...

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Professional Indemnity Insurance for Civil Engineers

... . As a professional, considering Professional Indemnity insurance to protect* you and your ... ... out of business. Below we'll explore Professional Indemnity insurance and how it can apply to your work as ... time delay in project completion • Property damage / personal injury • Loss of property value Even though you ...

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Professional Indemnity Insurance 101: For Allied Health Professionals

... allied health workers, spend their lives caring for others. Which is ... why it's essential their lives are also properly protected. One ... protect ... caring for others. Which is why it's essential their lives are also properly protected. One of the best ways to protect yourself is with professional indemnity insurance. This type of policy provides cover for people who ...

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What Limit of Professional Indemnity Insurance Do I Need?

... is 'What limit of Professional Indemnity insurance do I need?' While this ... ... a good idea to contact the association and check whether there is a minimum limit of Professional Indemnity Insurance you are required to maintain to comply with their compliance requirements. They may also be able to ...

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How Does Professional Indemnity Insurance Benefit You?

... be referred to as professional indemnity insurance. Professionals are expected to possess ... ... by property damage or bodily injury. In addition to this, you should have professional indemnity insurance that provides coverage against lawsuits filed because of misrepresentation, negligence, inaccurate advice and/or ...

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How the cost of Professional Indemnity insurance is calculated

... the cost of a Professional Indemnity (PI) insurance policy is calculated and ... impact the cost of Professional Indemnity insurance. Insurance ... more than another? We look some of the key factors that that impact the cost of Professional Indemnity insurance. Insurance policy pricing is generally calculated on risk factors and put simply, the higher the level of ...

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Misconceptions Around Professional Indemnity Insurance

... is that the claims professional indemnity insurance covers are only the experiences ... ... word can spread like wildfire over the internet and community. This is where the value of professional indemnity insurance can be recognized. If you were somehow involved in consulting or advising a client and they have ...

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Additional Cover for Professional Indemnity Insurance

... Fernando for his certificates of insurance - it's just part ... not only insured with professional indemnity, but also with the additional ... ... expect his business to be covered by professional indemnity insurance to ensure there is cover in place in the ... rely on PPI to protect them against claims of personal injury or property damage caused by the products sold. ...

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What does Professional Indemnity Insurance cover?

... the chance of a claim occurring is real, no matter how good you are at your profession. Professional Indemnity insurance is designed to protect you from a wide range of potential risks. Even seemingly small errors, could ...

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Do I need Professional Indemnity insurance?

... for it or not, a claim must be defended - ignoring it won't go away. Don't despair. Professional Indemnity insurance is your best defence when faced with a claim. You get the assistance of an expert insurer by your side ...

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Business Insurance Guide for the Self-Employed - Part 2

Navigating the world of business insurance can be confusing which is ... created a guide to business insurance for the self-employed that ... ins and ... of a claim could be enough to send you out of business. Without the protection of Professional Indemnity insurance, personal assets like your home may be at risk to cover the claim-related costs. Time Something often ...

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Insurance for Civil Engineers- what you need to know

... about what kinds of business insurance coverage you may need to ... ... your business and its daily operations. Having Professional Indemnity insurance for Civil Engineers means that you and your ... insurance can assist with are inadvertent loss or release of customer personal information ...

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Professional Indemnity for Real Estate Agents

... the Real Estate Industry Professional Indemnity Insurance provides essential financial protection against ... minimum of $1 million Professional Indemnity ... hold a minimum of $1 million Professional Indemnity Insurance with a number of set policy inclusions. ... , a conflict of interest is where they have a personal interest in their advice or services given, or the interest ...

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A Guide to PI Insurance

... and omissions insurance, PI or Professional Indemnity). What is Professional Indemnity Insurance? Professional Indemnity Insurance is ... 't know if they are getting the best deal. This is where BizCover steps in to satisfy your Professional Indemnity Insurance needs. BizCover allows you to get live online quotes in under 2 minutes, and purchase in only a ...

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Michael Gottlieb featured in Insurance Business

In January, our Managing Director Michael Gottlieb was interviewed by Insurance Business magazine, giving his outlook on 2014. Insurance Business - The In January, our Managing Director Michael Gottlieb was interviewed by Insurance Business magazine, giving his outlook on 2014. Insurance Business - The Year Ahead

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Insurance Considerations for Personal Trainers

Working as a personal trainer can be a rewarding ... ... against this risk you should consider Professional Indemnity Insurance, which can help protect you for any ... , how would you still work and make money? A Personal Accident Policy can help provide an income if you are ...

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Insurance for Civil Engineers

... Indemnity insurance becomes vital to you and your business. Professional Indemnity insurance is ... often resulting in time off work to recover Personal Accident and Illness insurance can provide cover if, as a result of ...

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Finding the Right Business Insurance Can Be Hard but BizCover Makes it Easy

... and your assets with business insurance. However, figuring out exactly what ... 's why a group of insurance industry [] ... liability, professional indemnity, cyber liability, business interruption and tax audit insurance. In ... right coverage or best prices, make your life easier by choosing BizCover, where insurance is made easy. …Or as some ...

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Insurance for Social Workers

... costly lawsuits that could take a huge toll on your life.. This is where Professional Indemnity insurance comes into play. Professional Indemnity insurance* is an important form of protection for businesses that provide ...

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Introducing our newest cover option: Personal Perishables Cover

... had your lunch or other personal items stolen or accidentally consumed ... ... brand new product: Personal Perishable Insurance. Personal Perishables Insurance covers working individuals ... only good thing going on in my life! Someone ate the only good thing going on in my life! It was a few weeks and ...

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Insurance for IT Professionals

... a liability package with combined Professional Indemnity and Public Liability insurance from the same insurer. That way ... Liability insurance can assist with are inadvertent loss or release of customer personal information ...

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What are the Insurance Options for Land Surveyors?

... yourself and your company with insurance is a smart investment. Land ... ... defend their rights, Professional Indemnity Insurance can be crucial. PI insurance is designed to respond to ... surveyors typically maintain records of their clients' personal details and other proprietary data, they may ...

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Insurance for Architects

... lead to a costly Professional Indemnity claim. Thankfully, Professional Indemnity insurance is designed to provide your ... result in personal liability for alleged or actual wrong–doing. *As with any insurance, cover ...

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7 Types of Insurance Your Small Business Should Consider

... is Small Business Insurance. But what kind of insurance do you actually ... ... of business! Public Liability Insurance explained. Professional Indemnity Insurance If your business or ... but your personal assets too. Management Liability Insurance explained. Cyber Liability Insurance If you ...

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Insurance for Disability Workers

... and professional advice, relying on you to help them live their best lives. Having Professional Indemnity and Public Liability insurance as a disability support worker is vital important to provide protection for you ...

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5 Tips for an Insurance Health Check

If your insurance is due for renewal or ... a health check of your insurance to ensure that if the ... ... personal assets against legal costs for allegations of mismanagement, misconduct or legislative breaches. Cyber Insurance ... you may want to increase your Professional Indemnity insurance. Also, consider any new contracts ...

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Insurance for Yoga Teachers

... will be held liable. That's why Professional Indemnity Insurance is an important form of cover for Yoga teachers ... put you at risk of personal injury claims meaning Public Liability insurance is important for Yoga ...

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5 Questions to ask yourself before buying Insurance for your Small Business

Know you need business insurance but aren't sure how ... while and looking to buy insurance for the first time; there ... ... result of an audit by the ATO Personal Accident & Illness insurance covers you for lost income if you ... a minimum level of Public Liability or Professional Indemnity insurance however, you may decide that you need a ...

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Insurance for martial art teachers

... negligence y your personal assets may be at risk. Even more reason to have appropriate insurance to protect you and your business! Insurance for martial arts teachers Professional Indemnity Insurance* However careful ...

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Keep calm and stretch on with Yoga Teacher insurance

... of arranging your yoga teacher insurance go. As a yogi or ... business. Let us centre your insurance chakra by exploring some of ... ... need yoga teacher insurance? We know that you love working others to make a difference to their lives, and do ... leave it up to chance and consider Professional Indemnity insurance to protect you and your business. What it ...

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A guide to Plasterer's insurance that won't leave you, board

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Social Media Insurance

... spelling errors. This is where Social Media Indemnity Insurance comes in, you can now #cover ... her personal account even. As a quote by Abraham Lincoln, we found on social says “If you don't have social media insurance, ...

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Insurance for Nurses

... or misconduct. As a registered nurse, you must not practice unless you are covered by a Professional Indemnity Insurance policy that meets the minimum requirements set out by the Nursing and Midwifery Board of Australia ...

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Insurance for Engineers

... wrong. From bridges collapsing to roads rupturing - the consequences (and costs) can be severe. Professional Indemnity insurance is designed to provide your business with a solid foundation when things don't go to plan ...

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Management Liability Insurance

... company and potentially, your personal assests. Management liability insurance* protects directors and officers ... . Think of it like this: where Professional Indemnity insurance covers the advice or service you provide to ...

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Insurance for Professionals

... party due to alleged or actual negligence in your professional services or advice.  Your Professional Indemnity insurance will meet the associated compensation payable to a third party together with your defence costs ...

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Professional Indemnity PPC Landing Page

... ? Nobody is perfect, and we all make mistakes (even professionals!). That's why it's called 'Professional' Indemnity insurance, or PI. It's designed to protect people who give advice or provide a professional service. If ...

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Insurance for pharmacy and pharmacists

... or actual negligence or errors in your professional pharmacy services or advice.  Your Professional Indemnity insurance will cover the associated compensation payable to a third party together with your defence costs ...

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Small Business Insurance Index

... price increases in the business insurance market, SMEs are continuing to ... the cost of business insurance, the BizCover SME Insurance Price ... over the last few years, however this year the increases were minimal. SME Professional Indemnity insurance prices have also remained flat over the last 10 quarters, this is contrary to what is happening in the broader ...

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Business Insurance Guide for the Self-Employed - Part 1

... are a variety of business insurance [] ... claims by third parties relating to property damage or personal injury caused by your products. What does Public Liability Insurance typically cover*? Compensation for: Personal injury suffered by a third party (e.g ...

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BizCover SME Insurance Price Index Q1 FY21

... clients buck the trend of insurance price hikes. Whilst the Australian ... the availability and pricing of insurance for SMEs, BizCover can report ... were also able to capitalise on a 1.3% decrease in prices quarter on quarter for Professional Indemnity insurance. The one area that has seen ongoing fluctuations and an increase in prices this quarter is in ...

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BizInsure Capitalizes on the Paradigm Shift in Commercial Insurance!

... .com), a leading-edge online insurance model that connects independent professionals ... critical Professional Liability (E&O) insurance solutions ... independent professionals and small businesses. Our online model (made mainstream by the personal auto insurance industry) replaces overhead with affordability without sacrificing quality or dependability. Together we ...

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Insurance for Gift Shops

... covered. Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cybercrime, cyber extortion/ransomware and business interruption due ...

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Public Liability Insurance for Cabinet Makers

... the right kind of business insurances in place. Regardless [] ... ... . If so, make sure you have your Public Liability insurance policy sorted before you pick up the tools and that ... held personally financially liable. This could put your personal assets, like your home and belongings, at ...

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Insurance for makeup artists

... personal assets may be at risk if you don't have the appropriate insurance cover to protect you and your business. Insurance for Makeup Artists Professional Indemnity Insurance ... all things in life, not everything goes ...

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Insurance for architects- the blueprint to success

The career of an architect is an exciting one, yet it's not one without risk. From the ground up, your responsibilities are skyscraper high. Beginning with the first ... or territory requires. Professional Indemnity Insurance Professional Indemnity insurance should be one of the ... With almost everything stored online, including your personal and client information, there's a constant ...

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Insurance for Project Managers

... country, your Professional Indemnity insurance covers you anywhere in ... personal information you may be storing and the severe consequences if it were compromised. Cyber liability insurance is a type of business insurance ...

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Insurance for Personal Trainers

... your local council if conducting exercise sessions in outdoor areas. Insurance for Personal Trainers and Fitness Professionals Professional Indemnity As a personal trainer it's your job to create unique exercise plans ...

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Beauty to go! What Mobile make-up artists need to know about insurance

There are some obvious pros to working as a mobile freelance make-up artist - you have control over the hours you work, you get to work with a wide range of clientele ... The reality is you are human, and like all things in life, it doesn't always go exactly to plan. One of ... a locked premises or vehicle). Personal Accident and Illness Insurance Being self-employed brings many benefits ...

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Insurance for Finance & Mortgage Brokers

... delivery of your professional service. Professional Indemnity insurance will also assist with the legal costs ... Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, ...

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Insurance for Allied Health Professionals

... services or advice.  Your Professional Indemnity insurance will meet the associated compensation payable ... business activities means there is a risk of personal injury or property damage claims being made against ...

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Insurance for Carpenters

... to consider Product Liability insurance*. It protects your business against claims by third parties relating to property damage or personal injury caused by your products. Professional Indemnity When you're providing ...

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Insurance for Marketing Consultants

... or alleged negligent acts or omissions in the provision of your professional service or advice. Having Personal Indemnity insurance will let you breathe easy, assisting with the payment of compensation to a third party ...

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Insurance for Electrical Engineers

... the consequences (and costs) can be severe. Professional Indemnity insurance is designed to protect you against losses claimed  ... personal liability for alleged or actual wrong-doing. Personal Accident & Illness insurance* ...

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Insurance for Hair & Beauty Services

... not to mention damage your reputation. Professional Indemnity insurance is designed to protect your business from ... that the client was unable to lead a normal life due to suffering severe psychological trauma as a result ...

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Insurance for Registered Migration Agents

... the period of your registration in accordance with the . Insurance for Migration Agents Professional Indemnity* You assist your clients in making important life decisions- to live the great Aussie dream! Easier said than ...

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Insurance for Real Estate Agents

... or alleged negligent acts or omissions in the provision of your professional service or advice. Personal Indemnity Insurance will also assist with the legal costs associated with responding to or managing claims which ...

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Insurance for Pet Professionals

... to your business' reputation. Professional Indemnity insurance* protects you against losses claimed by ... expenses, bills, rent and wages? Personal Accident and Illness insurance* can provide levels of cover for loss ...

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Insurance for Land Surveyors

... Land Surveyors need it? A day in the life of a surveyor could involve anything from conducting site ... of your professional service or advice. Professional Indemnity insurance will also assist with the legal costs ...

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Insurance for Massage & Alternative Therapies

... Most health funds require providers to hold a current Professional Indemnity insurance policy with at least $1 million worth of cover, ... insurance can assist with are inadvertent loss or release of customer personal ...

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Insurance for Psychologists

... that the minimum level of Professional Indemnity insurance a Psychologist is required to obtain is ... personal information you may be storing and the consequences if it were to be compromised. Cyber Liability insurance ...

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Public Liability Insurance Scenario

Just imagine: A phone call out of the blue. The caller has a voice you don't recognise. He's telling you he is hurt - badly - and you're responsible. You hang up. He ... feed one afternoon when she got a call that changed her life. The caller told her a young man – whose name she ... owners caught short without adequate insurance, is their personal horror story might have been avoided ...

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Insurance for Registered Tax Agents

... be more than what is set as the minimum requirement. ^Minimum PI insurance requirements source from TPB tpb.gov.au/professional-indemnity-insurance-tax-agents on 8 August 2019 What could cause a PI claim? Errors and ...

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Insurance for Bookkeepers & BAS Agents

... . The Tax Practitioners Board (TPB) has made it so since 2011 and with good cause - Professional Indemnity Insurance covers you against the risk of a client claiming damages. Your professionalism and service often aren’t ...

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Cyber Liability Insurance

... is Cyber Liability Insurance Hackers. These are not just dodgy movie characters but real life people, doing real ... Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, ...

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Insurance for Accountants

... Oh, and did you know it is an industry requirement that your level of Professional Indemnity insurance complies with the requirements outlined by your professional association. For instance, CPA Australia and Charted ...

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Insurance for Nurses

... It only takes one thing to go wrong to disrupt your career or possibly drain your assets. Thankfully, Professional Indemnity insurance is there to give you peace of mind if you do face legal action as a result of actual ...

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Insurance for Sole Traders and Self Emplyed

... Massage Therapists Migration Agents Painters Personal Trainers Plumbers Real Estate Agents ... services who are often required to hold a Professional Indemnity insurance policy*. Whether you own your own business premises, ...

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6 Areas You May Not Have Thought Business Insurance Covers

Your business is your livelihood. So it's vital to protect your business assets and revenue against potential risks that may impact your business, such as fire, storms ... , in transit to or from your premises, or in your personal custody? If you business holds a lot of cash, it ... covers such as Public Liability and Professional Indemnity insurance to ensure you are not left financially ...

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Professional Indemnity

... what you do. However, mistakes happen even with the most professional operators. Professional Indemnity (PI) insurance* is an important form of protection for businesses that provide specialist services or professional ...

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Insurance for Plumber

... or sustain property damage as a result of your negligent business activities. Professional Indemnity Professional Indemnity insurance* is an important form of protection for businesses that provide specialist services or ...

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Insurance for Recruitment Consultants

... your profession. That's why BizCover makes it easy to take out Professional Indemnity insurance for your Recruitment Consultancy.. This insurance is designed to respond to claims against you for losses as a result of ...

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Personal Accident and Illness Insurance for Tradies

Does the thought of being off work for three months due to a major mishap with a nail gun horrify you? As far-fetched some accident stories may sound, the reality is ... . You can select the amount you want to be covered for, the waiting periods and the type of Personal Accident Insurance policy you want to have in place. You can even select a Lump sum and capital benefits option which ...

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Home Based Business Insurance

... if it occurs outside of your employment). If you have purchased sickness/illness cover as part of your personal accident insurance you may be able to claim if you are diagnosed with COVID-19 and that diagnosis results in ...

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Insurance for Tradesmen

... bit of DIY around the house or playing a game of backyard footy on the weekend. Personal Accident and Illness Insurance provides levels of cover for loss of income, permanent disablement and even death if you are unable ...

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Insurance for Plasterers

... accidental loss or damage, as well as theft from a locked vehicle – anywhere in Australia. Personal Accident and Illness insurance* As a plasterer your physical ability is important. Think about how you would pay the ...

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Insurance for Retailers

... the insured location. Building* - this type of insurance will cover for loss and damage to buildings you own ... on your premises, in transit, or in your personal custody. Business Interruption* - could your business survive ...

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Insurance for Restaurants

... as a result of your negligent business activities. Personal injury claims could arise from a waiter dropping ... on the plastic mat in the prep area. Business Insurance* Even though you can't insure the ambiance you ...

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Reviews related to personal indemnity insurance for life coaches

  • I have played phone tag with several brokers and insurance providers...what a relief to finally find a simple online service.

    Paul C Cunningham
    Consultancy Occupations

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Why do Consultants need insurance?

You offer game-changing results for your clients; we offer a game-changing way to get your insurance. With just a few clicks or a phone call, you’ll get multiple competitive quotes from some of Australia’s leading insurers. Select your preferred policy and you’ll be covered instantly, so you can continue running your business.  

 

Did you Know?

If you’re a consultant working as a sole-trader you are personally responsible, both legally and financially, for all aspects of your business. In other words, there is a potential for you to have enormous liability exposure, which may affect your personal assets if things go wrong. 

Insurance for Consultants

Professional Indemnity*

There are literally hundreds of different consulting professions, yet all are required to provide a professional service or specialist advice.  Professional Indemnity insurance is designed to protect you from losses claimed by clients that are incurred as a result of your actual or alleged negligence or omission in the provision of your professional service or advice.  

Your Professional Indemnity policy, will cover the award of compensation payable to a third party together with your defence costs (which can include legal fees, investigator fees and expert fees)   

Examples of some of the many consultancies  who can take out Professional Indemnity Insurance through BizCover include: 

^Accurate as at  September 2019 

Public Liability Insurance*

Public Liability insurance is a no brainer for all types of consultancy services. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.

Meeting with your clients, either at your office or if you visit them at their premises, means you’ll be exposed to potential mishaps and accidents – think of a client tripping over at your premises or if in the excitement of presenting your proposal at their office you knock over that expensive art work.

Business Insurance*

Your clients bring in your income, but where would you be without your business assets?  

Business Insurance is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage).  A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances.  In addition, cover is available for public liability, tax audit, employment practices and statutory liability risks. 

Cyber Liability*

Consider the client data you may storing and the consequences if your systems were compromised.  

A cyber liability insurance policy is designed to help protect you from claims and support your profitability in the event of a cyber breach or attack. Costs associated with defending a cyber claim are also covered.  Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to a cyber event. 

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

Common causes of claims