Misconceptions Around Professional Indemnity Insurance

... is that the claims professional indemnity insurance covers are only the experiences ... ... is that the claims professional indemnity insurance covers are only the experiences ... area private consultant and the contractor made an error in numbers ...

read more

What is Professional Indemnity Insurance?

... example What is Professional Indemnity Insurance? Professional Indemnity insurance protects professionals against claims ... to a business or individual Contractors looking to work for the ...

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 ... Public Liability Insurance If you're dealing with clients, suppliers, contractors and the ...

read more

What Limit of Professional Indemnity Insurance Do I Need?

... is 'What limit of Professional Indemnity insurance do I need?' While this ... ... considering what limit of Professional Indemnity Insurance will be adequate, it is ... ensure your limit of Professional Indemnity Insurance is adequate to encompass both ...

read more

How Does Professional Indemnity Insurance Benefit You?

... be referred to as professional indemnity insurance. Professionals are expected to ... ... this, you should have professional indemnity insurance that provides coverage against lawsuits ... you should have adequate professional indemnity insurance coverage against financial losses caused ...

read more

How the cost of Professional Indemnity insurance is calculated

... the cost of a Professional Indemnity (PI) insurance policy is calculated and ... impact the cost of Professional Indemnity insurance. Insurance ... impact the cost of Professional Indemnity insurance. Insurance policy pricing is generally ... of how much a Professional Indemnity Insurance policy might cost you, the ...

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 ... files suit against you. Professional Indemnity Insurance works by insuring you the ... any time during your Professional Indemnity Insurance policy's term. As an example, ...

read more

7 Types of Insurance Your Small Business Should Consider

... Insurance. But what kind of insurance do you actually need? There's ... ... of business! Public Liability Insurance explained. Professional Indemnity Insurance If your business or ... for your profession. Professional Indemnity Insurance explained. Business Insurance Business Insurance often comes as ...

read more

A Guide to PI Insurance

... aims is to make Professional Indemnity Insurance simple (also known as ... Indemnity). What is Professional Indemnity Insurance? Professional Indemnity ... About Professional Indemnity Insurance? Professional Indemnity Insurance forms the ... largest percentage of your business insurance expenses. Typically, Professional Indemnity Insurance ...

read more

Professional Indemnity for Real Estate Agents

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

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

read more

Do I need Professional Indemnity insurance?

... go away. Don't despair. Professional Indemnity insurance is your best defence when ... over. What does Professional Indemnity Insurance cover? Professional Indemnity insurance typically foots the bill ...

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 ... Find Out More About Professional Indemnity Insurance Luckily many insurers have realised ... BizCover is for $1,000,000 Professional Indemnity and $10,000,000 Public Liability. A ...

read more

Professional Indemnity

... included & what’s not?Professional Indemnity Insurance cost We have answers You're ... incorrect diagnosis or treatment. Professional Indemnity explained further… Independent feedback from ...

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 ... consider for their business… Professional Indemnity Insurance You're an expert when it ... circumstances Property damage Public Liability Insurance Working closely with your clients ...

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

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 ... business should have PL Professional Indemnity - protects against losses for ... efficient, transparent and competitive. Online insurance experts BizCover cover over 2,000 ...

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 ... ... healthy competition in the business insurance market. The BizCover Small Business ... example, the cost of Professional indemnity insurance for some Allied Health professionals ...

read more

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

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

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 ... down the price of professional/business insurance for Australian SMEs. Since the ... of Professional Indemnity, Combined Professional Indemnity & Public Liability and Public ...

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 ... Find out more about Professional Indemnity here. THE EMPLOYEE EMBEZZLEMENT These ...

read more

Do I need Public Liability insurance?

... Public Liability insurance? Public Liability insurance is essential for small businesses, ... small businesses. Is Public Liability insurance a legal requirement? Public Liability ...

read more

Insurance for Architects

... to a costly Professional Indemnity claim. Thankfully, Professional Indemnity insurance is designed to ... with clients, contractors and the general public. Public Liability insurance is designed ...

read more

Insurance for IT Professionals

... that trouble shoots back. Professional Indemnity insurance provides much-needed financial protection for ... for independent contractors to hold and maintain their own Professional Indemnity insurance policies. ...

read more

Insurance for IT Professionals Colour Test 2

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

read more

Insurance for IT Professionals Colour Test

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

read more

Insurance for Personal Trainers

... plans and food preparation Professional Indemnity Insurance will also assist with the ... Public Liability insurance is required if you operate as a contractor to ...

read more

Insurance for Civil Engineers

... services. This is where Professional Indemnity insurance becomes vital to you and ... with clients, contractors and members of the public. Public Liability insurance is ...

read more

Insurance for Engineers

... services or advice. Your Professional Indemnity insurance will pay compensation to a ... with clients, contractors and the general public. Public Liability insurance is an ...

read more

Insurance for Electrical Engineers

...  services or advice.  Your Professional Indemnity insurance will pay compensation to a ... with clients, contractors and the general public. Public Liability insurance is typically ...

read more

Professional Indemnity Insurance for Civil Engineers

... As a professional, considering Professional Indemnity insurance to protect* you and your ... ... professional service or advice. Professional Indemnity insurance will also assist with the ... the appropriate limit of Professional Indemnity insurance for your civil engineering business ...

read more

Insurance for Civil Engineers- what you need to know

... about what kinds of business insurance coverage you may need to ... ... impact on your business. Professional Indemnity insurance Professional Indemnity insurance is a type of ... its daily operations. Having Professional Indemnity insurance for Civil Engineers means that ...

read more

Insurance for Yoga Teachers

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

read more

Insurance for Consultants

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

read more

What are the Insurance Options for Land Surveyors?

... yourself and your company with insurance is a smart investment. Land ... ... relevant for land surveyors. Professional Indemnity Insurance Land surveyors are experts in ... their rights, Professional Indemnity Insurance can be crucial. PI insurance is designed to ...

read more

Insurance for pharmacy and pharmacists

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

read more

Insurance for Professionals

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

read more

Insurance for martial art teachers

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

read more

Small Business Insurance Index

... price increases in the business insurance market, SMEs are continuing to ... business insurance, the BizCover SME Insurance Price Index shows that ... increases were minimal. SME Professional Indemnity insurance prices have also remained flat ... BizCover platform to reduce their insurance costs with comparable cover.” Download ...

read more

Management Liability Insurance

... 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 for Real Estate Agents

... For Real Estate Agents, Professional Indemnity Insurance provides important protection against potential ... professional service or advice. Personal Indemnity Insurance will also assist with the ...

read more

Insurance for Registered Tax Agents

... covered by the policy, Professional Indemnity insurance can assist with the payment ... considering the amount of Professional Indemnity insurance you might require, you should ...

read more

Insurance for Nurses

... by the NMBA for Professional Indemnity Insurance arrangements for all enrolled nurses, ... out minimum requirements for Professional Indemnity Insurance for all enrolled nurses, registered ...

read more

Insurance for Nurses

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

read more

Insurance for Bookkeepers & BAS Agents

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

read more

Insurance for Accountants

... client or third party. Professional Indemnity insurance will protect your business from ... professional service or advice. Professional Indemnity Insurance will also assist with the ...

read more

Insurance for Psychologists

... the minimum level of Professional Indemnity insurance a Pschologist is required to ... practice of your profession. Professional Indemnity insurance will also assist with the ...

read more

Insurance for Hair & Beauty Services

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

read more

Insurance for Marketing Consultants

... holds unreasonably high expectations. Professional Indemnity insurance is your secret weapon to ... service or advice. Having Personal Indemnity insurance will let you breathe easy, ...

read more

Insurance for Land Surveyors

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

read more

Insurance for makeup artists

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

read more

Insurance for Recruitment Consultants

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

read more

Insurance for Project Managers

... phone in minutes. Project manager insurance can cover project management activities ... across the country, your Professional Indemnity insurance covers you anywhere in Australia. ...

read more

Social Media Insurance

... This is where Social Media Indemnity Insurance comes in, you can now ... to grab your social media indemnity insurance, available April 1st only. ...

read more

Insurance for Sole Trader

... industry or occupation. Other Insurances The type of insurance policies a sole ... required to hold a Professional Indemnity insurance policy*. Whether you own your ...

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. ... as Public Liability and Professional Indemnity insurance to ensure you are not ...

read more

Insurance for Disability Workers

... of insurance including Public Liability insurance and Professional Indemnity insurance. Compare tailored insurance packages ... Disability Worker Combined Insurance Package COVER LIMIT OF INDEMNITY EXCESS ANNUAL ...

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 ... ... areas that they cover. Professional Indemnity Protection against financial losses for ... misconduct or legislative breaches. Cyber Insurance Protection against the expenses and ...

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 ... require you to have Professional Indemnity cover. Make sure your policy ...

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 ... 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 ... ... Requirement for Public Liability Insurance Although public liability insurance is not a ... Does Public Liability Insurance Cover? Broadly, public liability insurance covers loss or ...

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 [] ... ... a contractor, there are business insurance options to suit your business ... the most important types of insurance for cabinet makers, Public Liability ...

read more

iSelect partners with BizCover to launch business insurance comparison

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

read more

BizCover SME Insurance Price Index Q2 FY20

More larger businesses with simple insurance needs are using BizCover for ... this quarter. The BizCover SME Insurance Price Index (Q2FY20) has seen More larger businesses with simple insurance needs are using BizCover for ... more demand for Business Contents insurance particularly from businesses with an ...

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

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

Business Insurance

... be in business tomorrow. Business Insurance can provide financial cover for ... service at excellent. Download Business Insurance Fact Sheet Get the cover ...

read more

Small Business Continues to Win on Insurance Prices!

... however the BizCover Small Business Insurance Price Index for the first ... ... however the BizCover Small Business Insurance Price Index for the first ... small businesses! Prices across all insurance classes were stable across the ...

read more

Michael Gottlieb featured in Insurance Business

In January, our Managing Director Michael Gottlieb was interviewed by Insurance Business magazine, giving his outlook on 2014. Insurance Business - The In January, our Managing Director Michael Gottlieb was interviewed by Insurance Business magazine, giving his outlook on 2014. Insurance Business - The Year Ahead

read more

Tax Audit Insurance

... With the right Tax Audit insurance in place, you can at ... as advice. Download Tax Audit Insurance Fact Sheet Your Cover Options ...

read more

Insurance for Electricians

... couple of grand. Public Liability insurance is something every responsible electrician ... paying these costs. ^QLD Electrical contractor insurance requirement sourced from ESO (2016, ...

read more

Reviews related to contractor 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.