— Professional indemnity insurance protects you from claims that might arise from professional advice you give to clients. This might be through negligence, error or omission and your client might take legal action to recover losses.
Professional Indemnity Insurance
4.6 / 5
Breaches of
Professional duty, confidentiality, fiduciary duty, warranty of authority and the Australian Consumer Laws.
Legal Costs
Claims investigation, court attendance and mitigation costs.
Public Relations costs
To help restore reputation.
Covers
Automatic run off, continuous and run off cover.
Loss of Documents
What is Professional Indemnity Insurance?
Professional indemnity insurance protects you from claims that might arise from professional advice you give to clients. This might be through negligence, error or omission and your client might take legal action to recover losses.
Do I Really Need Professional Indemnity Insurance?
If you provide professional advice to clients for a fee, it is highly recommended that you consider getting professional indemnity insurance to protect your assets and business that might get caught up in a legal case. If a client takes legal action against you, it can take up a large amount of time in preparing documents and appearing in court whereas if you had professional indemnity insurance, it can help you avoid an expensive legal bill. Finally professional indemnity insurance covers public relations costs which help restore your reputation.
Custom built cover
We understand that each business is unique and we can tailor insurance solutions to your business as we source from a range of insurers.
Business Package Insurance – Bizpack
Public and Product Liability Insurance
Management Liability Insurance