Professional Indemnity Insurance
Professional Indemnity insurance provides essential financial protection for a wide range of professionals.
Any business consultant, designer or professional adviser is regarded by their clients as an expert in their field. The increase in competitiveness in the market has led to high consumer awareness and even higher consumer expectation. Customers these days will not hesitate to pursue a claim should they feel they have received sub-standard service. The need for Professional Indemnity Insurance cover has never been greater.
Not only those in traditional professions such as accountants, surveyors and solicitors, our professional indemnity insurance policies include a range of professions, and provide cover even for more unusual miscellaneous risks.
Features:
- Civil liability wording
- Costs in addition to the limit of indemnity
- Cover for libel & slander
- Trade practices act
- Intellectual property
- Continuous cover
- Lost documents
- Inquiry costs (generally limited to $100,000)
- Dishonesty of employees
- Automatic reinstatement of the limit of indemnity
