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 ... Your Professional Indemnity (PI) insurance is no doubt one of ... the most important conditions of Professional Indemnity policies involves the requirement that ...

read more

How the cost of Professional Indemnity insurance is calculated

... how the cost of a Professional Indemnity (PI) insurance policy is calculated and why ... that impact the cost of Professional Indemnity insurance. Insurance ... how the cost of a Professional Indemnity (PI) insurance policy is calculated and why ... that impact the cost of Professional Indemnity insurance. Insurance policy pricing is generally calculated ...

read more

Professional Indemnity

... included & what’s not?Professional Indemnity Insurance cost We have answers You're ... with the most professional operators. Professional Indemnity (PI) insurance* is an important form of ...

read more

What does Professional Indemnity Insurance cover?

What does Professional Indemnity Insurance cover? Professional Indemnity insurance provides essential financial ... What will Professional Indemnity insurance typically cover you for? Professional Indemnity insurance seeks to ...

read more

A Guide to PI Insurance

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

Additional Cover for Professional Indemnity Insurance

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

read more

How Does Professional Indemnity Insurance Benefit You?

... also be referred to as professional indemnity insurance. Professionals are expected to possess ... ... expected from them. Purpose of Professional Indemnity Insurance The primary purpose of professional ... , then you should have adequate professional indemnity insurance coverage against financial losses caused ...

read more

Misconceptions Around Professional Indemnity Insurance

... misconception is that the claims professional indemnity insurance covers are only the experiences ... ... misconception is that the claims professional indemnity insurance covers are only the experiences ... is where the value of professional indemnity insurance can be recognized. If you ...

read more

Professional Indemnity for Real Estate Agents

In the Real Estate Industry Professional Indemnity Insurance provides essential financial protection against ... a minimum of $1 million Professional Indemnity In the Real Estate Industry Professional Indemnity Insurance provides essential financial protection against ... a minimum of $1 million Professional Indemnity Insurance with a number of set ...

read more

Sometimes Professional Indemnity Insurance is Needed

Professional indemnity insurance is handcrafted to provide coverage ... ... turn to a concept like professional indemnity insurance, which can cover and protect ... or not they should buy professional indemnity insurance is the potential financial loss ...

read more

Do I need Professional Indemnity insurance?

... regulator requires you to hold Professional Indemnity (PI) cover. Some professions in Australia ... it's all over. What does Professional Indemnity Insurance cover? Professional Indemnity insurance typically foots the bill ...

read more

What is Professional Indemnity Insurance?

... need professional indemnity insurance?Claim example What is Professional Indemnity Insurance? Professional Indemnity insurance protects professionals ... allegation is true, Professional Indemnity Insurance seeks to protect ...

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 ... someone files suit against you. Professional Indemnity Insurance works by insuring you the ... quotes from different companies offering Professional Indemnity Insurance. This way you are able ...

read more

7 Types of Insurance Your Small Business Should Consider

... is Small Business Insurance. But what kind of insurance do you actually ... ... a service or advice, then Professional Indemnity (PI) Insurance is a must have. It ... specifically for your profession. Professional Indemnity Insurance explained. Business Insurance Business Insurance often comes as ...

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 ... ... attributed to continued decreases in Professional Indemnity premiums. The index saw prices ... an example, the cost of Professional indemnity insurance for some Allied Health professionals ...

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 ... ... ! Let's start with the basics… Professional Indemnity insurance One of the most vital ... up to chance and consider Professional Indemnity insurance to protect you and your ...

read more

The Risky Business of Insurance

What are the Real Costs to Australian Small Business? Small business owners tend to be juggling many balls - managing clients, cash flow, staff, stock and future planning ... Every business should have PL Professional Indemnity - protects against losses for ... businesses providing advice should have PI Business Insurance - insures your business ...

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 ... this risk you should consider Professional Indemnity Insurance, which can help protect you ... capacity. Find Out More About Professional Indemnity Insurance Luckily many insurers have realised ...

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 ... And with that comes varying Professional Indemnity insurance requirements. It's important to make ... your state or territory requires. Professional Indemnity Insurance Professional Indemnity insurance should be one of the ...

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 ... should consider for their business… Professional Indemnity Insurance You're an expert when it ... with your Professional Liability insurance. Portable Equipment Insurance As a makeup artist ...

read more

Do I need Public Liability insurance?

Do I need Public Liability insurance? Public Liability insurance is essential for small ... small businesses. Is Public Liability insurance a legal requirement? Public Liability ...

read more

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

... most common issues with Business Insurance is that policy owners often ... ... also includes Product liability cover. Professional Indemnity - Professional Indemnity covers professionals who provide ... For example, if you purchase Professional Indemnity (PI) insurance you should know that you're ...

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 ... down the price ... 3 main product categories of Professional Indemnity, Combined Professional Indemnity & Public Liability and ... with capital chasing returns in insurance.” The Professional Indemnity rates reduced the most ...

read more

SMEs continue to benefit from low premiums; despite talk of price rises.

... seems to be hardening for insurance for larger businesses, the latest ... BizCover Small Business Insurance Price Index is showing no ... ... , the latest BizCover Small Business Insurance Price Index is showing no ... which is keeping prices down. Professional Indemnity and Public Liability, including multiple ...

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 ... Find out more about Cyber Insurance here. THE DEREGISTERED DISMAY Threats ... costs. Find out more about Professional Indemnity here. THE EMPLOYEE EMBEZZLEMENT These ...

read more

The balancing act of work/life balance: how you can do it all and stress less

This Stress Down Day, we're here to help you gain back some equilibrium at work and stress less along the way. Research shows that 90% of Australians need to stress less ... ** Plus Personal Accident and Illness insurance will typically provide benefits for ... Accident and Illness insurance today! *As with any insurance, cover will be ...

read more

Professional Indemnity Insurance for Civil Engineers

... services. As a professional, considering Professional Indemnity insurance to protect* you and your ... ... the general public. What is Professional Indemnity insurance? Professional Indemnity (PI) insurance* is an important form ... arranging the appropriate limit of Professional Indemnity insurance for your civil engineering ...

read more

Insurance for Disability Workers

... of insurance including Public Liability insurance and Professional Indemnity insurance. Compare tailored insurance ... cover for Professional Indemnity and Public Liability insurance. Professional Indemnity* An essential ...

read more

Insurance for Registered Tax Agents

... do Registered Tax Agents need Insurance? Professional Indemnity (PI) insurance is designed* to provide protection ... ). When considering the amount of Professional Indemnity insurance you might require, you should ...

read more

Insurance for Bookkeepers & BAS Agents

... for Bookkeepers and BAS Agents, Professional Indemnity insurance is also an actual requirement ... and BAS Agents to have Professional Indemnity (PI) insurance. Professional Indemnity insurance coverage helps to reduce the ...

read more

Insurance for Land Surveyors

... and sites. That is why Professional Indemnity (PI) insurance is an important form of ... your professional service or advice. Professional Indemnity insurance will also assist with the ...

read more

Insurance for Architects

... lead to a costly Professional Indemnity claim. Thankfully, Professional Indemnity insurance is designed to provide ... Professional Indemnity insurance is known as 'claims made' cover, which means you need PI insurance ...

read more

Insurance for IT Professionals

... is that trouble shoots back. Professional Indemnity insurance provides much-needed financial protection for ... and maintain their own Professional Indemnity insurance policies. Public Liability Insurance* Chances are you ...

read more

Insurance for IT Professionals Colour Test 2

... is that trouble shoots back. Professional Indemnity insurance provides essential financial protection for ... require independent contractors to hold Professional Indemnity insurance before being considered for a ...

read more

Insurance for IT Professionals Colour Test

... is that trouble shoots back. Professional Indemnity insurance provides essential financial protection for ... require independent contractors to hold Professional Indemnity insurance before being considered for a ...

read more

Insurance for Engineers

... (and costs) can be severe. Professional Indemnity insurance is designed to provide your ... professional services or advice. Your Professional Indemnity insurance will pay compensation to a ...

read more

Insurance for Consultants

... professional service or specialist advice. Professional Indemnity insurance is designed to protect you ... consultancies who can take out Professional Indemnity Insurance through BizCover include: Agricultural Consultants ...

read more

Insurance for Professionals

... there is an insurance policy for that! Professional Indemnity insurance protects you against losses ... professional services or advice. Your Professional Indemnity insurance will meet the associated compensation ...

read more

Insurance for Yoga Teachers

... $5 - $10 million Professional Indemnity insurance. Insurance for Yoga Teachers Professional Indemnity Insurance* Yoga is a ... be held liable. That's why Professional Indemnity insurance is an essential form of ...

read more

Insurance for Personal Trainers

... made, whether right or wrong. Professional Indemnity Insurance* is designed to have your ... dietary plans and food preparation Professional Indemnity Insurance will also assist with the ...

read more

Insurance for Civil Engineers

... insurance covers you anywhere within Australia. Insurance for Civil Engineers* Professional Indemnity ... where Professional Indemnity insurance becomes vital to you and your business. Professional Indemnity insurance is ...

read more

Insurance for martial art teachers

... and your business! Insurance for martial arts teachers Professional Indemnity Insurance* However careful you ... being made against you. Having Professional Indemnity insurance can help you respond to ...

read more

Small Business Insurance Price Index Q3

Insurers hold on to SME Insurance Premium Price Increases! Despite a ... BizCover Small Business Insurance Price Index has shown insurance rates ... BizCover Small Business Insurance Price Index has shown insurance rates dropping back ... be more exacerbated in the insurance segments that have significant competition ...

read more

iSelect partners with BizCover to launch business insurance comparison

... expanded their general insurance offering to include business insurance, through a partnership ... BizCover, Australia's leading small business ... expanded their general insurance offering to include business insurance, through a partnership ... BizCover, Australia's leading small business insurance service provider. Through the BizCover ...

read more

What are the Insurance Options for Land Surveyors?

... yourself and your company with insurance is a smart investment. Land ... ... construction or potential safety issues. Professional Indemnity (or PI) insurance is an important cover ... defend their rights, Professional Indemnity Insurance can be crucial. PI insurance is designed to respond ...

read more

Insurance for Allied Health Professionals

... business, and ruin your reputation. Professional Indemnity insurance is designed to protect you ... professional services or advice. Your Professional Indemnity insurance will meet the associated compensation ...

read more

Insurance for Civil Engineers- what you need to know

... about what kinds of business insurance coverage you may need to ... ... your business. Professional Indemnity insurance Professional Indemnity insurance is a type of insurance coverage ... professionals, including civil engineers. Professional Indemnity (PI) insurance* is an important form ...

read more

Insurance for pharmacy and pharmacists

... of pharmacy insurance within the market. Liability Insurances for pharmacists Professional Indemnity insurance* provides ... services or advice.  Your Professional Indemnity insurance will cover the associated compensation ...

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 ... the increases were minimal. SME Professional Indemnity insurance prices have also remained flat ... is happening in the broader Professional Indemnity market. Michael Gottlieb, CEO of ...

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 ... ... risk areas that they cover. Professional Indemnity Protection against financial losses for ... may want to increase your Professional Indemnity insurance. Also, consider any new contracts ...

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 current policy. Your personal insurance doesn't cover your business A ... may require you to have Professional Indemnity cover. Make sure your policy ...

read more

Management Liability Insurance

... with running the company. Where Professional Indemnity Insurance covers the advice or service ... to any claimants. Management Liability Insurance benefits: Private companies Company directors ...

read more

Insurance Premiums for Retailers Continue to Climb

Insurance Premiums for Retailers Continue to ... The latest BizCover Small Business Insurance Price Index has been released ... an increase in small ... not universal. Graph 1 – BizCover Insurance Price Index (Financial Year 2017 ... was no change in the Professional Indemnity sector, but the index for ...

read more

Legal Requirement for Public Liability Insurance

Public liability insurance covers your business for losses ... Failure in obtaining public liability insurance policy can expose a business ... ... advisable to have public liability insurance. Legal Requirement for Public Liability ... Insurance Although public liability insurance is not a ...

read more

BizInsure Capitalizes on the Paradigm Shift in Commercial Insurance!

... www.bizinsure.com), a leading-edge online insurance model that connects independent professionals ... critical Professional Liability (E&O) insurance< ... BizInsure (www.bizinsure.com), a leading-edge online insurance model that connects independent professionals ... to critical Professional Liability (E&O) insurance solutions. With unprecedented convenience, reliability ...

read more

Insurance for Furniture Manufacturers

... wrong. This is where business insurance comes into play and should ... The process of arranging your insurance can feel overwhelming at times .. ... claim against you.    Product Liability insurance protects your businesses against claims ... event. Management Liability* Management Liability insurance is designed to provide protection ...

read more

Public Liability Insurance for Cabinet Makers

... the right kind of business insurances in place. Regardless […] ... makers, Public Liability insurance. What is Public Liability insurance*? Typically one of ... responsible for. Your Public Liability insurance covers your reasonable legal costs ...

read more

Dishing up the facts on food business insurance

... you have the right business insurance. When it comes to insuring ... ... your overall business insurance plan. What types of insurance should food businesses ... consider? Public Liability Insurance Dishing up food and beverages ...

read more

Insurance for Real Estate Agents

... fact? For Real Estate Agents, Professional Indemnity Insurance provides important protection against potential ... Territory Requirements Minimum Level of PI Insurance New South Wales Legislative: Property ...

read more

Insurance for Nurses

... has set minimum requirements for Professional Indemnity Insurance (PI) for all enrolled nurses, registered ... possibly drain your assets. Thankfully, Professional Indemnity insurance is there to give you ...

read more

Insurance for Accountants

... your professional service or advice. Professional Indemnity Insurance will also assist with the ... lowest policy premiums for your PI insurance Business Insurance* If any of the ...

read more

Insurance for Project Managers

... you across the country, your Professional Indemnity insurance covers you anywhere in Australia. ... professional consulting service or advice. PI Insurance will also assist with the ...

read more

Insurance for Psychologists

... at fault, Professional Indemnity insurance may be able to assist you. Professional Indemnity insurance is there ... the practice of your profession. Professional Indemnity insurance will also assist with the ...

read more

Insurance for Hair & Beauty Services

... to mention damage your reputation. Professional Indemnity insurance is designed to protect your ... your professional service or advice. Professional Indemnity Insurance will also assist with the ...

read more

Insurance for Marketing

... are expected to meet. Insurance for Marketing Consultants Professional Indemnity* As a marketing ... who holds unreasonably high expectations. Professional Indemnity insurance is your secret weapon to ...

read more

Insurance for Recruitment Consultants

... it easy to take out Professional Indemnity insurance for your Recruitment Consultancy.. This ... your professional service or advice. Professional Indemnity Insurance will also assist with the ...

read more

Insurance for makeup artists

... you and your business. Insurance for Makeup Artists Professional Indemnity Insurance* As a makeup ... your professional service.. Hello Bridezilla! Professional Indemnity insurance is designed to protect makeup ...

read more

Insurance Glossary

... the limit of indemnity. Examples: Professional Indemnity sections are usually limited to ... Date The indemnity provided under Professional Indemnity policies may include unlimited retroactive ...

read more

Insurance for Sole Trader

... consider is Public Liability insurance. Public Liability insurance* is designed to provide ... often required to hold a Professional Indemnity insurance policy*. Whether you own your ...

read more

Insurance by Industry

... comprehensive insurance offerings include: Professional Indemnity, Public Liability, Business Insurance, Management Liability, Cyber Insurance and ... varying industries, often have specific insurance needs and so we aim ...

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 ... need for adequate insurance for your business . Is insurance mandatory for your ... types of insurance is required. For example you'll find Professional Indemnity is comp ...

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 ... on it. “Thankfully my Business Insurance policy included building and contents ... which were paid under her Professional Indemnity policy. Back in business Have ...

read more

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 ... BizCover offers a range of insurance solutions to protect your business. ... such as Public Liability and Professional Indemnity insurance to ensure you are not ...

read more

What is Product Liability Insurance?

... Product Liability Insurance? What is Product Liability Insurance? Product Liability insurance* protects your ... I need Product Liability Insurance? Product Liability insurance is an important consideration ...

read more

Insurance for Furniture Manufacturers

... negligent business activities. Product Liability insurance protects your businesses against claims ... event. Management Liability* Management Liability insurance is designed to provide protection ...

read more

Insurance for Lawn Mowing Services

... , the small business insurance specialists look after your insurance needs, providing multiple ... and compensation if awarded. Business Insurance* Portable Equipment Cover* A mower ...

read more

5 Surprising Things Business Insurance Can Cover

When looking for Business Insurance, most small business owners typically ... ... dollars. In fact according to QBE, the average amount of a ... an unforeseen event. Business Interruption insurance is designed to compensate you ...

read more

Steady as she goes - still no increases in Insurance Premiums!

The BizCover Small Business Insurance Price Index is indicating ... market for small business insurance continues to benefit from ... stability in insurance continues to benefit from stability ... the last BizCover Small Business Insurance Price Index. “Insurers have managed ...

read more

BizCover SME Insurance Price Index Q1 FY20

... reductions on their Public Liability insurance, while prices have remained steady ... ... reductions on their Public Liability insurance, while prices have remained steady ... customers across Australia purchasing their insurance through our platform.” BizCover Customer ...

read more

Reviews related to qbe professional indemnity 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.