What does Professional Indemnity Insurance cover?

... Damages and claimant costs awarded against you Civil liabilities which ... Professional Indemnity insurance? Within Australia, it is compulsory for some professionals to hold and maintain Professional Indemnity insurance and ...

read more

How Does Professional Indemnity Insurance Benefit You?

If you are a professional and have your own company, then ... also be referred to as professional indemnity insurance. Professionals are expected to possess ... of Professional Indemnity Insurance The primary purpose of professional insurance is to protect the professionals against ... , negligence, inaccurate advice and/or violation of fair dealing and good faith. Therefore ...

read more

Do I need Professional Indemnity insurance?

... Professional Indemnity insurance? As a professional, it's important to have Professional Indemnity Insurance to protect you and ... professional body Court attendance costs Compensation costs awarded to the claimant Public ...

read more

How the cost of Professional Indemnity insurance is calculated

... the cost of a Professional Indemnity (PI) insurance policy is calculated and why one profession ... of Professional Indemnity insurance. Insurance ... the cost of a Professional Indemnity (PI) insurance policy is calculated and why one profession ... of Professional Indemnity insurance. Insurance policy pricing is generally calculated on risk factors and put ...

read more

Professional Indemnity

... ’s not?Professional Indemnity Insurance cost We have answers You're a professional and there ... happen even with the most professional operators. Professional Indemnity (PI) insurance* is an important form ...

read more

Additional Cover for Professional Indemnity Insurance

... Fernando for his certificates of insurance - it's just part ... is not only insured with professional indemnity, but also with the additional .. ... cover options to her professional indemnity insurance. Lynn purchased public and products liability (PPI) when she ... vulnerable to costly legal action. PI Insurance protects small businesses from this ...

read more

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 ... advice may turn around and file an insurance claim against you. The ... business insurance or public liability insurance for your own protection. When you buy a Professional Indemnity insurance ...

read more

Public Liability NSW

... on certain insurance products. The exemption applies to both Public Liability and Professional Indemnity policies. ... How much do Professionals pay for Public Liability Insurance? The term 'Professionals' encompasses a ...

read more

Insurance for Disability Workers

... Worker's insurance package includes Professional Indemnity* and Public Liability* insurance. Professional Indemnity* An important form of insurance that is ...

read more

Insurance for Yoga Teachers

... to hold particular insurance policies. Insurance for Yoga Teachers Professional Indemnity Insurance* Yoga is a ... you and your business without having to bend over backwards. Public Liability Insurance* Working ...

read more

STABLE INSURANCE RATES A REASSURANCE FOR SMEs

BizCover's SME Insurance Price Index has unveiled a ... the COVID-19 pandemic with insurance rates remaining flat for a ... acquired from BizCover's ... . “Key sections of business pack insurance that are frequently used by ... increases in the cost of Public Liability and Professional Indemnity in other industries,” he said ...

read more

Insurance prices remain steady despite market predictions of higher premiums

... , the latest BizCover Small Business Insurance Index is showing little change ... stricter underwriting criteria and higher prices, excess capacity ... highly profitable small business sector.” Public Liability and Professional Indemnity prices have seen no significant ... of competition in the market and insurance profitability remains strong, so I ...

read more

6 Areas You May Not Have Thought Business Insurance Covers

... to protect your business assets and revenue against potential risks that ... , such as fire, storms, theft and accidental damage. When insuring your ... . BizCover offers a range of insurance solutions to protect your business ... other essential covers such as Public Liability and Professional Indemnity insurance to ensure you are not ...

read more

BizCover expands into New Zealand and launches BizCover.co.nz

... online insurance marketplace in Australia and leading provider of online professional indemnity insurance, ... has announced today the launch ... includes professional indemnity insurance and will soon be expanded to add in Public Liability, Statutory Liability, Employers Liability ...

read more

Insurance for IT Professionals

... to offer a liability package with combined Professional Indemnity and Public Liability insurance from the ... to hold and maintain their own Professional Indemnity insurance policies. Public Liability Insurance* Chances are ...

read more

Insurance for Carpenters

... and services on all things carpentry you may need to consider Professional Indemnity insurance ... is available for public liability, tax audit, employment practices liability and statutory liability risks. Your ...

read more

Insurance for Plumber

... is Public Liability insurance*. It is designed to provide protection for you and your ... of your negligent business activities. Professional Indemnity Professional Indemnity insurance* is an important form of ...

read more

Insurance for Nurses

... requirements for Professional Indemnity Insurance (PI) for all enrolled nurses, registered nurses and midwives. ... Public Liability Insurance* Considering how closely you have with your patients; Public Liability insurance ...

read more

Keep calm and stretch on with Yoga Teacher insurance

Breathe in, breathe out, and let a wave of calm ... of arranging your yoga teacher insurance go. As a yogi or ... business. Let us centre your insurance ... up to chance and consider Professional Indemnity insurance to protect you and your business. What ... of insurance cover for their yoga teacher members: $10m Public Liability $5m Professional Indemnity (malpractice ...

read more

Insurance for Finance & Mortgage Brokers

... know Professional Indemnity insurance is important for finance and mortgage brokers. Professional Indemnity insurance is ... RG210. Public Liability* Public Liability insurance is a no-brainer for finance and mortgage ...

read more

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

Know you need business insurance but aren't sure how ... business for a while and looking to buy insurance for the first ... ... of client information Management Liability insurance covers businesses and their directors personal assets ... have a minimum level of Public Liability or Professional Indemnity insurance however, you may decide ...

read more

Insurance Considerations for Personal Trainers

... your clients achieve their goals and transform their lifestyles, but it ... consider how to protect yourself and your business from the [ ... ... these types of risk consider public liability insurance which will provide financial protection ... for $1,000,000 Professional Indemnity and $10,000,000 Public Liability. A combined policy ...

read more

Insurance for architects- the blueprint to success

... the challenge of crafting plans and working on demanding projects where ... ... Architects Act and registration boards. And with that comes varying Professional Indemnity insurance requirements. ... Public Liability Insurance If you're dealing with clients, suppliers, contractors and the general public ...

read more

Insurance for Accountants

... here. Insurance for Accountants Professional Indemnity* Even excel gurus can make mistakes, and these ... is available for public liability, tax audit, employment practices and statutory liability risks. Consider ...

read more

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

... a wide range of clientele, and you can build your own ... of. But making people look and feel amazing is just [ ... ... should consider for their business… Professional Indemnity Insurance You're an expert when ... is good to have your Professional Liability and Public Liability cover combined through the one ...

read more

5 Tips for getting the best Public Liability insurance for your business

... of protecting your business and your customers with Public Liability insurance. It offers protection ... , or even member of the public, sue ... regarding requirements for holding Public Liability insurance. Each state and territory has their own ... are also many industry associations and professional memberships that require a minimum ...

read more

Professional Indemnity Insurance for Civil Engineers

... re an expert in construction and oversee the development of civil ... for your pearls of wisdom and professional services. Like any profession there ... and construction of structures typically used by the general public. What is Professional Indemnity insurance? Professional Indemnity (PI) insurance ...

read more

Misconceptions Around Professional Indemnity Insurance

... misconception is that the claims professional indemnity insurance covers are only the experiences ... not true, in this day and age anyone can sue ... , a certain portion of the public usually believes the accusers claims ... the internet and community. This is where the value of professional indemnity insurance can ...

read more

What Limit of Professional Indemnity Insurance Do I Need?

... consumers is 'What limit of Professional Indemnity insurance do I need?' While this ... . If you belong to a professional association, it is always ... association and check whether there is a minimum limit of Professional Indemnity Insurance you ... limit of Professional Indemnity Insurance is adequate to encompass both the claim and the ...

read more

Legal Requirement for Public Liability Insurance

Public liability insurance covers your business for losses ... business' activities. Failure in obtaining public liability insurance policy can expose ... and as such is advisable to have public liability insurance. Legal Requirement for Public Liability Insurance Although public liability insurance ... business did not have public liability insurance and are found at fault, ...

read more

Professional Indemnity Insurance 101: For Allied Health Professionals

Our optometrists, chiropractors and occupational therapists, as well as ... to protect yourself is with professional indemnity insurance. This type of ... to protect yourself is with professional indemnity insurance. This type of policy provides ... not. Professional indemnity insurance gives people in the allied health professions, and their families ...

read more

Sometimes Professional Indemnity Insurance is Needed

Professional indemnity insurance is handcrafted to provide coverage ... the policy holder due to professional carelessness or accusations. Sometimes, ... to a concept like professional indemnity insurance, which can cover and protect both parties ... or not they should buy professional indemnity insurance is the potential financial loss ...

read more

Public Liability Insurance for Cabinet Makers

... and can be done easily with the right kind of business insurances ... ... important types of insurance for cabinet makers, Public Liability insurance. What is Public Liability insurance*? Typically one ... your Public Liability insurance policy sorted before you pick up the tools and that ...

read more

Public Liability Insurance

... is hurt - badly - and you're responsible. You hang ... ... Janine needed was public liability insurance or insurance that protects you and your business from ... simple process. Purchasing public liability insurance online, where quotes are instant and transparent, is ...

read more

Public Liability Insurance in Perth

Public Liability Insurance* for Perth businesses Public Liability insurance is designed to provide protection for you and ... rectifying faulty workmanship Professional negligence Contractual liability Motor vehicle claims ...

read more

Public Liability Insurance in Brisbane

Public Liability Insurance* for Brisbane businesses Public Liability insurance is designed to provide protection for you and your ... .9% of the working population. Professional and Scientific Services employ 11.1 ...

read more

Public Liability Insurance in Adelaide

Public Liability Insurance* for Adelaide businesses Public Liability insurance is designed to provide protection for you and ... rectifying faulty workmanship Professional negligence Contractual liability Motor vehicle ...

read more

Public Liability Insurance in Hobart

Public Liability Insurance* for Hobart businesses Public Liability insurance is designed to provide protection for you and ... rectifying faulty workmanship Professional negligence Contractual liability Motor vehicle claims ...

read more

Public Liability Insurance in Darwin

... appreciation and gratitude.” Kelly K. Homeopath What does Public Liability insurance cover? Public Liability insurance ... rectifying faulty workmanship Professional negligence Contractual liability Motor vehicle claims ...

read more

Public Liability Insurance in Port Macquarie

... to Becky for her pleasant and professional service. She made the whole ... quick and smooth. ” Mark T., Moulding manufacturer What does Public Liability insurance cover? Public Liability insurance covers ...

read more

Public Liability Insurance in Rockhampton

Public Liability Insurance* for Rockhampton businesses Public Liability insurance is designed to provide protection for you and ... rectifying faulty workmanship Professional negligence Contractual liability Motor vehicle ...

read more

Public Liability Insurance in Mandurah

... helpful and happy.” Mishelle O. Retail What does Public Liability insurance cover? Public Liability insurance covers ... of rectifying faulty workmanship Professional negligence Contractual liability Motor vehicle claims ...

read more

How much does Public Liability Insurance Cost?

... occupations. Given the various industries and occupations Public Liability insurance can cover, also means ... determining the cost of Public Liability insurance for trade and service-based businesses, whereas ...

read more

What is Public Liability Insurance?

Do I need public liability insurance?Claim Example What is Public Liability Insurance?* Public Liability insurance protects your business ... the assessor and lawyer) of $30,000. Without the public liability insurance, the ...

read more

Professional Indemnity for Real Estate Agents

... the Real Estate Industry Professional Indemnity Insurance provides essential financial protection ... of acts, errors and omissions from professional ... and Business Agents Act 2002 hold a minimum of $1 million Professional Indemnity Insurance ... stated in the advertising material and liability on the real estate agent ...

read more

Public Liability PPC

... personal injury or property damage. Public Liability Insurance does just that. It covers ... the expense of legal and defence costs; court attendance costs ...

read more

Professional Indemnity Claims: when should I notify my insurer?

Your Professional Indemnity (PI) insurance is no doubt one of ... needed financial assistance for legal and compensation costs in the event ... against Your Professional Indemnity (PI) insurance is no doubt one of ... admit liability which can result in your insurer suffering prejudice, and again ...

read more

Public Liability WA

... and their individual average monthly premiums. How much do Professionals pay for Public Liability Insurance ... in WA? The term 'Professionals' covers a ...

read more

Public Liability QLD

... . How much do Professionals pay for Public Liability Insurance? The term 'Professionals' encompasses a broad ... Real Estate Agents and Marketing consultants to IT professionals, and even music teachers ...

read more

Management Liability Insurance

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

read more

Cyber Liability Insurance: the safety net small businesses need

... to hit, but the wider public is now starting to realise ... the globe, particularly in Australia and especially to small businesses. The ... , no ... to hit, but the wider public is now starting to realise ... few basic preventative measures and robust Cyber Liability insurance, small business' are ensuring ...

read more

Public Liability

... your customers, suppliers, community and their property. Public Liability Insurance is designed to provide ... protection for you and your business ...

read more

What is Product Liability Insurance?

... products. Product Liability insurance usually forms part of a Public Liability policy and the word ... Competition and Consumer Commission website. Do I need Product Liability Insurance? Product Liability insurance is ...

read more

Cyber Liability Insurance

... owners sweat. Cyber Liability Insurance can reduce your risks and help you rest ... . The cost of hiring a Public Relations firm to assist the ...

read more

Insurance for Plasterers

... decision. Public Liability insurance is designed to provide protection for you and your plastering ... or investigators) and compensation payable to the third party. Public Liability insurance provides peace ...

read more

A Guide to PI Insurance

... make Professional Indemnity Insurance simple (also known as errors and omissions insurance, PI or Professional Indemnity). What is ... make Professional Indemnity Insurance simple (also known as errors and omissions insurance, PI or Professional Indemnity). What is Professional Indemnity Insurance? Professional Indemnity Insurance ...

read more

Insurance for Registered Tax Agents

... Agents need Insurance? Professional Indemnity (PI) insurance is designed* to provide protection for you and your ... /professional-indemnity-insurance-tax-agents on 8 August 2019 What could cause a PI claim? Errors and ...

read more

BizCover SME Insurance Price Index Q1 FY20

... retailers and professionals have seen material price reductions on their Public Liability insurance, while ... prices have remained steady across SME retailers and professionals have seen material price reductions on their Public Liability insurance, while prices ... % (Retail) and 13% decrease (Professionals) in the price of their Public Liability insurance for the ...

read more

Insurance for Handymen

... go on! Public Liability insurance is designed to cover legal fees and compensation costs ... for public liability, tax audit, employment practices and statutory liability risks. Personal Accident and Illness insurance ...

read more

Insurance for Tradesmen

... a Public Liability claim. Public Liability insurance is designed to provide protection for you and your ... amount of Public Liability insurance. You may also be required to hold Public Liability insurance if ...

read more

Insurance for Electricians

... grand. Public Liability insurance is something every responsible electrician should have and is designed ... there. Fortunately, the electrician had Public Liability insurance and was able to make a ...

read more

Insurance for Cleaners

... . Public Liability Insurance* Do you need it? The short answer is yes. Thankfully, Public Liability insurance ... is there to provide protection for you and your business ...

read more

Insurance for Nurses

... enough protection. Holding your own Professional Indemnity Insurance (PI) policy is the best way ... party PI arrangements, PI cover for nurses and midwives must include: a) Civil liability ...

read more

Insurance for Cafes

... , between $5 million and $20 million. Insurance for Cafes Public Liability Insurance* Your business deals ... , including accountant's fees and other nominated professional fees, incurred in the ...

read more

Insurance for Restaurants

... business with Public Liability insurance. Public Liability insurance is designed to provide protection for you and your ... the costs of accountants and other nominated professional fees incurred in the ...

read more

5 Surprising Things Business Insurance Can Cover

When looking for Business Insurance, most small business owners typically ... things such as their legal liabilities and top of mind assets such ... ... an exceptionally prime target. Cyber Liability insurance is a 'must have' policy ... agency, including professional fees for bookkeepers, accountants, lawyers and other associated costs ...

read more

Dishing up the facts on food business insurance

... you have the right business insurance. When it comes to insuring ... an overwhelming choice of policies and policy options [] ... insurance should food businesses consider? Public Liability Insurance Dishing up food and beverages to the public ... and café owners pay approximately $75 per month for their Public Liability insurance policy ...

read more

Reviews related to professional indemnity insurance and public liability insurance

  • product knowledge and advice are excellent

    Frank F
    Other

  • Easy to read understand and follow

    Tui d
    Other

  • Easy As!! Thank you

    Casey W
    Entertainment

  • EASY CONVENIENT!

    HONGWEI Z
    Travel

  • Excellent Customer Service

    Trevor C
    Other

Get instant quotes

We have answers

You’re a professional and there is no doubt you are good at 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 advice.  It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. PI Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. 

Professional Indemnity claims can arise from simple things like giving incorrect advice, a miscalculation, incorrect diagnosis or treatment 

Professional Indemnity explained further…



Independent feedback from our customers rated our service at excellent.

What’s typically included?*

Depending on the Professional Indemnity policy selectedyour policy could cover: 

  • Payment of compensation as a result of a claim, including but not limited to Court awarded damages 
  • An award of legal costs against you  
  • Reasonable legal costs incurred in defending or responding to the claim 
  • Claim investigation costs 
  • Disciplinary proceeding costs 

What is typically not covered? *

  • Intentional damage  
  • Contractual liabilities  
  • Professional fees  
  • Known claims and circumstances 
  • Fraud and dishonesty 

Download Professional Indemnity Fact Sheet

How Much Cover Should I have ?

With BizCover you can choose policies with levels of cover between $250,000 to $10 million, from the leading insurers on our website.

When considering how much cover you may need you should think about:

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