What is Professional Indemnity Insurance?

... business? No matter how good you are at your job, we're all human and we all make mistakes. Professional Indemnity Insurance allows you to cover yourself if and when you do slip up in your normal course of work. Here are ...

read more

What does Professional Indemnity Insurance cover?

... matter how good you are at your profession. Professional Indemnity insurance is designed to protect you from a wide ... Damages and claimant costs awarded against you Civil liabilities which may arise from but are not limited ...

read more

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 ...

read more

How Does Professional Indemnity Insurance Benefit You?

If you are a professional and have your own company, ... have professional insurance, which can also be referred to as professional indemnity ... by lawsuits. How to choose professional insurance providers You should consider the following when choosing a professional insurance provider. • Check whether or not the insurance provider has enough experience. • Verify ...

read more

How the cost of Professional Indemnity insurance is calculated

... the cost of a Professional Indemnity (PI) insurance policy is calculated and ... that impact the cost of Professional Indemnity 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 ...

read more

Professional Indemnity

... 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 ...

read more

Do I need Public Liability insurance?

... for all kinds of business from professionals and tradesmen to retailers and other types of small businesses. Is Public Liability insurance a legal requirement? Public Liability Insurance is not a legal requirement in ...

read more

Top 5 Reasons for Having Professional Indemnity and Public Liability Insurance

... should hold and maintain Professional Indemnity and Public Liability insurance. #1 Protection against ... claims of negligence, malpractice and ... the risk of legal action. Public Liability insurance protects you against claims from customers ... recognised Health insurance provider you must have Professional Indemnity insurance. #5 Maintain a professional standard ...

read more

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 ...    Contractual liabilities   Your professional fees   Known ... Professional Indemnity insurance policies may even include coverage for PR related expenses, something that should be confirmed by your insurance provider ...

read more

Insurance for Massage & Alternative Therapies

... to be a recognised BUPA provider. Insurance for Massage Therapists Professional Indemnity* Your clients trust your ... making Public Liability insurance an important form of cover. Public Liability insurance is designed ...

read more

Insurance for Disability Workers

... of Business for Registered Providers (2017), participants are required to maintain an adequate level of insurance including Public Liability insurance and Professional Indemnity insurance. Through BizCover, you can ...

read more

Insurance for pharmacy and pharmacists

... highly competitive pricing on pharmacy insurance compared to other providers of pharmacy insurance within the market. Liability Insurances for pharmacists Professional Indemnity insurance* provides cover for you as ...

read more

Who is Covered Under an IT Liability Policy?

Information Technology Insurance Professionals in the information technology sector face potential liabilities from clients ... ... services IT recruitment and placement services What do IT Liability policies provide cover for? IT Liability insurance provides cover for a breach of the policyholders professional duty to a client in the performance of ...

read more

What are the Insurance Options for Land Surveyors?

... yourself and your company with insurance is a smart investment. Land ... ... of your professional service or advice. The level of cover you may need is typically based on the size, scope, and type of land surveying projects your business uses. Public Liability Public Liability insurance is ...

read more

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 ... ... you may want to increase your Professional Indemnity insurance. Also, consider any new ... your payment options Check the payment options available as some providers offer a discount for paying annually which could save you ...

read more

Insurance for IT Professionals

... to hold and maintain their own Professional Indemnity insurance policies. Public Liability Insurance* Chances are you spend most of ... Application Developer Internet Service Provider Data Processing Service Website ...

read more

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 ... ... a minimum level of Public Liability or Professional Indemnity insurance however, you may decide that ... is a long and complicated process, so try to find a provider who will sort it out for you whilst keeping you updated ...

read more

Business Insurance Guide for the Self-Employed - Part 1

... are a variety of business insurance [] ... you should check your policy wording/product disclosure statement or contact your insurance provider for details. Cover for Product Liability protects your businesses against claims by third parties relating to property ...

read more

Professional Indemnity Insurance for Civil Engineers

... your pearls of wisdom and professional services. Like any profession there ... your services. As a professional, considering Professional ... claim can be crippling, and potentially enough to send you out of business. Below we'll explore Professional Indemnity insurance and how it can apply to your work as a Civil engineer. Civil Engineering risks Within the ...

read more

What Limit of Professional Indemnity Insurance Do I Need?

... consumers is 'What limit of Professional Indemnity insurance do I need?' While ... . If you belong to a professional association, it is always ... 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 ...

read more

Professional Indemnity for Real Estate Agents

... the Real Estate Industry Professional Indemnity Insurance provides essential financial protection against ... acts, errors and omissions from professional ... hold a minimum of $1 million Professional Indemnity Insurance with a number of set policy inclusions ... misrepresentation is plainly stated in the advertising material and liability on the real estate agent is easy to see. ...

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 ... example, at some point you may want to add business insurance or public liability insurance for your own protection. When you buy a Professional Indemnity insurance policy, it usually is a good idea to look around until ...

read more

Misconceptions Around Professional Indemnity Insurance

... misconception is that the claims professional indemnity insurance covers are only the ... ... 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 ...

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 ... that any potential policy holder needs to consider when deciding upon whether or not they should buy professional indemnity insurance is the potential financial loss that can occur as a result of legal fees whether or ...

read more

Professional Indemnity Insurance 101: For Allied Health Professionals

... to protect yourself is with professional indemnity insurance. This type of policy ... ... any damages awarded as a result of the claim - no matter whether it's proven or not. Professional indemnity insurance gives people in the allied health professions, and their families, peace of mind that their assets are ...

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 ... ... Skin Naturalé Lynn Ross also holds extra cover options to her professional indemnity insurance. Lynn purchased public and products liability (PPI) when she started her business selling natural and organic skincare ...

read more

Professional Indemnity Claims: when should I notify my insurer?

Your Professional Indemnity (PI) insurance is no doubt one of ... against your business. Like all insurance policies, there are several important ... . So in other words, you must advise your insurance provider if any of the following occur: Any mistake, ... of Disclosure Another very important condition of Professional Indemnity policies involves your Duty of Disclosure ...

read more

Professional Indemnity PPC Landing Page

... , 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 it's alleged you ...

read more

A Guide to PI Insurance

... and omissions insurance, PI or Professional Indemnity). What is Professional Indemnity Insurance? Professional Indemnity Insurance ... in under 2 minutes, and purchase in only a couple more. BizCover also allows business professionals to compare policies from leading insurance providers (AIG, Dual and Vero) to make sure that you're getting the cover you ...

read more

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 ...

read more

Insurance for Bookkeepers & BAS Agents

... TPB) requires BAS Agents and Bookkeepers to have Professional Indemnity insurance. 3 things to consider when purchasing a Professional Indemnity policy Find a provider that: Understands the coverage needs of Bookkeepers ...

read more

Insurance for Nurses

... not practice unless you are covered by a Professional Indemnity Insurance policy that meets the minimum requirements set ... nurses and midwives must include: a) Civil liability cover b) Appropriate retroactive cover* for ...

read more

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

... in Australia and leading provider of online professional indemnity insurance, has announced today ... years), BizCover.co.nz provides professional ... to add in Public Liability, Statutory Liability, Employers Liability, Employment Dispute Liability and other associated insurance products. To obtain a quote for professional indemnity insurance, and get instant coverage ...

read more

Insurance for Architects

... important Professional Indemnity insurance for your business for any claims arising from work you do before finishing up but which are notified to you after the doors have closed. Public Liability Insurance* Do ...

read more

Insurance for Civil Engineers- what you need to know

... about what kinds of business insurance coverage you may need to ... ... in the event of a costly claim. It is vital to know the difference between Professional Indemnity and Public Liability insurance, as these are two very different covers that offer protection for different types of risks ...

read more

Insurance for Engineers

... consequences (and costs) can be severe. Professional Indemnity insurance is designed to provide your business with a ... affairs of your company. Management Liability insurance will provide protection to your company ...

read more

Insurance for Allied Health Professionals

... hospital, you are always in close contact with them, making Public Liability insurance important for allied health professionals. Public Liability insurance is designed to provide protection for you and your business in ...

read more

Insurance for Accountants

... financial losses for your clients. Professional Indemnity insurance will protect your business from ... confidentiality by your system being hacked. Cyber Liability insurance helps to protect you from claims and supports ...

read more

Insurance for Nurses

... that is exposed to the risk of professional liability. 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 ...

read more

Insurance for Psychologists

... business here. Insurance for Psychologists Professional Indemnity* Psychologists work hard to hone their professional expertise and to build a reputation, but there is always a risk of professional liability. It only ...

read more

Insurance for Finance & Mortgage Brokers

... managing claims covered by the policy. Professional Indemnity policies are available through BizCover that can meet the requirements of RG210. Public Liability* Public Liability insurance is a no-brainer for finance and ...

read more

Insurance for Real Estate Agents

... your professional service or advice. Personal Indemnity Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. Public Liability Insurance* It ...

read more

Insurance for Social Workers

... or advice. Professional Indemnity insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. Public Liability Public Liability insurance* is an ...

read more

Insurance for Professionals

... legal costs, investigator costs and expert fees). Public Liability Insurance* Public Liability insurance can be an important form of cover for all types of professionals. It is designed to provide protection for you ...

read more

Insurance for Consultants

... 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 ...

read more

Insurance for Electrical Engineers

... which can result in personal liability for alleged or actual wrong-doing. Personal Accident & Illness insurance* Accidents can happen on even the most professional and organised working conditions. Should ...

read more

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 ... ... the following minimum levels of insurance cover for their yoga teacher members: $10m Public Liability $5m Professional Indemnity (malpractice), preferably $10m $10m Professional Indemnity Namaste, ask away! Sorting ...

read more

7 Types of Insurance Your Small Business Should Consider

... is Small Business Insurance. But what kind of insurance do you actually ... ... of dollars), and could be enough to put a small business out of business! Public Liability Insurance explained. Professional Indemnity Insurance If your business or profession involves providing a service or advice, then ...

read more

Insurance for Civil Engineers

... Know? From Brisbane to the back of Bourke, your Public Liability insurance covers you anywhere within Australia. Insurance for Civil Engineers* Professional Indemnity As a civil engineer, you are recognised as an expert ...

read more

Insurance for Yoga Teachers

... council require you to obtain a permit including public liability insurance before holding classes on council owned land, such as the public park? Has your professional association set a minimum level of cover required ...

read more

Small Business Index July 2015

SMEs benefiting from declining insurance rates but is the tide ... capacity and competition in the insurance market over the last few ... drive down ... Professional Indemnity, Combined Professional Indemnity & Public Liability and Public Liability ... and those with capital chasing returns in insurance.” The Professional Indemnity rates reduced the most this financial ...

read more

Insurance for Carpenters

... you may need 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 ...

read more

Insurance for Hair & Beauty Services

... service or advice. Professional Indemnity Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by your policy. Public Liability Insurance* Whether you work ...

read more

Insurance Considerations for Personal Trainers

Working as a personal trainer can be a rewarding career. Not only do you get to help your clients achieve their goals and transform their lifestyles, but it's also the ... BizCover is for $1,000,000 Professional Indemnity and $10,000,000 Public Liability. A combined policy can start at from as little as $21 a month. To find out more about these types of insurance and to get a quick quote ...

read more

Insurance for Registered Migration Agents

... members receive a discount of on Professional Indemnity policies with BizCover. Contact Migration Alliance for your exclusive discount code. Public Liability Insurance* Public Liability insurance is an easy choice for ...

read more

Insurance for Pet Professionals

... covers you anywhere in Australia so you can work with pets from Hobart to Hamilton Island! Insurance for pet professionals Public Liability No matter how much care you take, accidents can happen when you are working with ...

read more

Insurance for Personal Trainers

... Professional Indemnity Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. Public Liability Insurance* Public Liability insurance ...

read more

New Territory - how to adapt your real estate business during COVID-19

COVID-19 has had a significant impact on the real estate industry with social distancing and mandatory bans on open homes and auctions. Riding the roller coaster of economic ... of actual or alleged negligent acts or omissions in the provision of your professional service or advice. Professional Indemnity insurance will also assist with the legal costs associated with responding to or managing ...

read more

Insurance for Marketing Consultants

... retainer as these will set the parameters of the professional duty of care you owe clients. For this ... vitamin D by heading out to meet them, Public Liability insurance is important to your business. It is designed to ...

read more

Insurance for Plumber

... plumbers to hold minimum levels of public liability insurance before they can operate. Further details can ... the provision of your professional service or advice. Professional Indemnity insurance will also assist with ...

read more

Insurance for Land Surveyors

... or advice. Professional Indemnity insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. Public Liability* Public Liability insurance is designed ...

read more

So You Want to Start a Side Hustle? Here's What You Need to Know - Part 2

Welcome back to part 2 of our guide on what you need to know when starting a side hustle. In part 1 we explored some of the steps involved with setting up your side hustle ... Public Liability insurance to protect their risk of a liability claim. Public Liability insurance* is  ... or errors in your professional services or advice.  Your Professional Indemnity insurance will meet the associated ...

read more

Help Protect your small business' reputation

When it comes to running a small business, your brand and its reputation are priceless. No doubt you've spent countless hours establishing your name by building strong ... and director roles when running a company. Unlike Professional Indemnity insurance, which protects the act of giving advice to clients, Management Liability insurance is all about protecting the running of your business ...

read more

Insurance for Recruitment Consultants

... . Professional Indemnity Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by your policy. Public Liability Insurance* Public Liability insurance is ...

read more

Insurance for Project Managers

... your professional consulting service or advice. PI Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by your policy. Public Liability Insurance* Whether ...

read more

Insurance for martial art teachers

... claim being made against you. Having Professional Indemnity insurance can help you respond to claims ... dojo or somewhere else. Either way, Public Liability insurance is important for martial arts trainers by providing ...

read more

Five Tips for Starting your Home-based Business

Sometimes it takes extraordinary circumstances to take the leap of faith to start your own home-based business. The COVID-19 pandemic has made this an option for many ... .    Product Liability insurance protects your businesses against claims by third parties relating to property damage or personal injury caused by your products. Professional Indemnity*: Professional Indemnity protects ...

read more

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 ... state or territory requires. Professional Indemnity Insurance Professional Indemnity insurance should be one of ... is out of action due to an insurable event. Cyber Liability There's a reason why you're in the business ...

read more

The Remaining Risk: What Isn't Covered and Why it Matters

... most common issues with Business Insurance is that policy owners often ... ... until you can work again. Cyber Liability Insurance – Cyber Liability Insurance protects against the expenses and legal ... how much you're covered for. Using Professional Liability as an example again, you could be covered ...

read more

PI Index: Premiums Decline 10 Straight Quarters

Business Insurance Premiums Decline 10 Straight Quarters, ... healthy competition in the business insurance market. The BizCover Small Business ... ... competition in the business insurance market. The BizCover Small Business Insurance Index has shown premiums ... product groups, Combined Professional Indemnity/Public Liability and Public Liability/Business Packs are not ...

read more

Insurance for makeup artists

... insurance cover to protect you and your business. Insurance for Makeup Artists Professional Indemnity Insurance* ... which is why Public Liability insurance is an important form of insurance. It provides protection ...

read more

Survival of the Fittest - How Your Fitness Business Can Adapt

The mandatory closures of gyms and fitness studios due to COVID-19 has forced personal trainers to come up with new ways to keep their businesses running. Take a look ... in place, paid-up to date and that you have the right cover. If you have an active Professional Indemnity insurance* policy and are running online classes, it will still cover you for claims against your business. This ...

read more

The Risks of Growing Your Small Business

The only strategy that is guaranteed to fail is not taking risks. Mark Zuckerberg There comes a time when every successful enterprise needs to ditch the baby steps, ... business needs. The little things might be able to take care of themselves, but the primary insurances - public liability and professional indemnity - are crucial. Ignore them at your peril. So What Can You Do? Insure ...

read more

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 ... both sectors saw no changes to the cost of their Public Liability insurance. SME Professionals have been seeing increases in their Public Liability insurance over the last few years, however this year the increases were ...

read more

How to hire quality tradesmen for your small business with Oneflare

When hiring tradesmen for your small business, you don't have any room for error so every tiny detail counts. It can be daunting and time-consuming sorting through the ... your house, they can make a claim on their insurance to cover the costs of the damage they have caused. Professional Indemnity Insurance Professional Indemnity insurance is not commonly required for your average trade ...

read more

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 ... knowing that you're covered and it usually comes combined as a liability package with your Professional Liability insurance. Portable Equipment Insurance As a makeup artist, you need your makeup kit and crucial tools ...

read more

Investec Acquisition of BizCover the Right Decision

... BizCover, an Australian-owned online professional insurance broker marks another key milestone ... ... compare and buy professional Indemnity insurance in minutes. In the past month, BizCover has expanded their services to include more products, including Business Insurance and Public Liability insurance. It has become ...

read more

What is Civil Engineering

Civil engineers are responsible for overseeing the development, planning, construction, maintenance, and repair of roads, buildings, and other infrastructure projects ... an environment that is less stressful for healthcare providers, which in turn improves their ability to deliver ... . Civil Engineers should also consider insurance cover options, including Professional Indemnity insurance.

read more

How to Become a Professional Land Surveyor in Australia

Land surveying is the science, technique and profession that goes into a wide variety of tasks including planning and designing new or existing structures, construction ... . All you would have to do is complete an application, pay the set fees, and meet all the minimum requirements. Land Surveyor insurance should also be considered and this may include professional indemnity insurance.

read more

Insurance for Sole Traders and Self Emplyed

... need to consider is Public Liability insurance. Public Liability insurance* is designed to provide protection ... professional advice and services who are often required to hold a Professional Indemnity insurance policy ...

read more

What is the Job of a Land Surveyor?

If you consider yourself a problem-solving ninja, are strong with technology, have a good foundation of mathematics and science, and enjoy working outdoors, you'll find ... instances, certifications and licenses may transfer between different cities, counties, and states. Insurance for land surveyor options are also available through BizCover, including professional indemnity insurance.

read more

A Broker Divided - Is BizCover's Michael Gottlieb a Threat to Broking or its Future?

... unknown. He started his own insurance brokerage despite never having worked ... in the world selling commercial insurance through an aggregator website ... of you. “We had created some relationships and what we started trying to do was sell insurance - whether it was D&O or professional indemnity - but really focusing on what we knew well, which was the financial services ...

read more

Things you didn't know about small business insurance

Getting the insurance sorted for your small business ... , compare quotes and buy the insurance that suits your business. But ... not know about small ... , your home and contents insurance policy might not cover all the liabilities related to your business. As ... a contract. For example if you are providing professional services for a large corporation or the government, ...

read more

Small Business Insurance: Why you might want to ensure you're covered!

Running a business can be rewarding, challenging but also stressful. While you will are taking control of your earning potential and the upside can be great, there are ... certain types of insurance is required. For example you'll find Professional Indemnity is comp ... personal assets are also on the line. Having a Management Liability policy in place can cover you not only for your legal ...

read more

Small Business Insurance Index Q2: 5 point increase, largest in 10 quarters

The Quarterly BizCover Small Business Insurance Index has shown that Australian ... enjoyed the end of declining insurance premiums with an increase of ... the first increase seen in 10 quarters. This brings the insurance rates back to the same level as Q4 2013/14 ( ... of rates in the non professional sector with Public Liability and Business Packs (predominately covering ...

read more

5 Financial Goals Before 40

In your 30s, retirement may seem an unthinkably long way away, but the brutal truth is that if you desire any kind of financial freedom in your future, it requires forward ... of being sued exists (thereby risking the assets you're working so hard to accumulate), then Professional Indemnity Insurance is worth exploring, too. Goal #4: Invest in stocks, not products Instead of buying an $800 ...

read more

5 Common Beauty Insurance Claims

As much as we like to hope otherwise, unexpected events happen! Things can go dreadfully wrong despite the best efforts we take to prevent them and the simplest of setbacks ... , including defence costs which were paid under her Professional Indemnity policy. Back in business Have you ever ... against them by making sure you have the right insurance policies in place. It's also a wise idea ...

read more

Business Horror Stories

Running a business can be a wonderful rewarding experience, but sometimes things can go horribly wrong. THE ONLINE ONSLAUGHT We never believe it can happen to us, that ... as a graphic design, IT professionals, accountants, health professionals and marketers. The risk of ... , even shutting them down for good. A management liability insurance policy can be the only saviour for a business ...

read more

Public Liability NSW

... Wales and their individual average monthly premiums below. How much do Professionals pay for Public Liability Insurance? The term 'Professionals' encompasses a broad range of occupations that usually require specialist ...

read more

The Art of Being a Creative Small Business

Whether you're running your own business as a small team or flying solo in the freelance world, one thing is for sure, the creative arts industry is anything but boring ... may be a requirement to hold Public Liability insurance before you can perform in public spaces. For those that teach a creative skill, they may need to consider Professional Indemnity insurance due to the risk of giving ...

read more

Why Land Surveying is an Important Career

What began nearly 3,000 years ago during the rise of the Egyptian pyramids and introduction of infrastructure has grown into one of the most crucial career paths across ... who work abroad, to help improve the infrastructure for underdeveloped countries. Insurance for land surveyors is also available, including professional indemnity. When is land surveying used? Land surveying is often ...

read more

Reviews related to providers professional 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.