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 ... ... business to be covered by professional indemnity insurance to ensure there is cover ... protect them against claims of personal injury or property damage caused ...

read more

Professional Indemnity for Real Estate Agents

In the Real Estate Industry Professional Indemnity Insurance provides essential financial protection against ... acts, errors and omissions from professional In the Real Estate Industry Professional Indemnity Insurance provides essential financial protection against ... is where they have a personal interest in their advice or ...

read more

7 Types of Insurance Your Small Business Should Consider

... Insurance. But what kind of insurance do you actually need? There's ... ... specifically for your profession. Professional Indemnity Insurance explained. Business Insurance Business Insurance often comes as ... business, but your personal assets too. Management Liability Insurance explained. Cyber ...

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 ... your state or territory requires. Professional Indemnity Insurance Professional Indemnity insurance should be one of the ... everything stored online, including your personal and client information, there's a ...

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 ... locked premises or vehicle). Personal Accident and Illness Insurance Being self-employed brings ...

read more

Insurance Considerations for Personal Trainers

Working as a personal trainer can be a rewarding ... ... More About Public Liability Insurance As a personal trainer you'll also be ... Find Out More About Professional Indemnity Insurance Luckily many insurers have realised ...

read more

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

... most common issues with Business Insurance is that policy owners often ... ... any interruption to the business. Personal Accident – If you're temporarily unable ... For example, if you purchase Professional Indemnity (PI) insurance you should know that ...

read more

What Limit of Professional Indemnity Insurance Do I Need?

... consumers is 'What limit of Professional Indemnity insurance do I need?' While this ... If you belong to a professional association, it is always ... of Professional Indemnity Insurance. Defence Costs When considering what limit of Professional Indemnity Insurance ... of Professional Indemnity insurance. You need to ensure your limit of Professional Indemnity Insurance ...

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

Sometimes Professional Indemnity Insurance is Needed

Professional indemnity insurance is handcrafted to provide coverage ... the policy holder due to professional carelessness or accusations. Sometimes, Professional indemnity insurance is handcrafted to provide coverage ... or not they should buy professional indemnity insurance is the potential financial loss ...

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

How the cost of Professional Indemnity insurance is calculated

... how the cost of a Professional Indemnity (PI) insurance policy is calculated and ... that impact the cost of Professional Indemnity insurance ... almost 5,000 BizCover customers with PI insurance during the 2016/17 financial year, ... idea of how much a Professional Indemnity Insurance policy might cost you, the ...

read more

How Does Professional Indemnity Insurance Benefit You?

If you are a professional and have your own company, ... also be referred to as professional indemnity insurance. Professionals are expected to ... them. Purpose of Professional Indemnity Insurance The primary purpose of professional insurance is to protect ... then you should have adequate professional indemnity insurance coverage against financial losses caused ...

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 ... can breathe easier knowing your Professional Indemnity Insurance will take care of any ...

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 ... come face-to-face with the unexpected. PI insurance is issued on a 'claims ...

read more

Top 5 Reasons for Having Professional Indemnity and Public Liability Insurance

... members should hold and maintain Professional Indemnity and Public Liability insurance. #1 ... claims of negligence, malpractice and professional ... even for an allegation of professional misconduct. Professional Indemnity insurance provides protection for financial ... you must hold a current Professional Indemnity insurance policy in the appropriate modality/modalities, ...

read more

Do I need Professional Indemnity insurance?

... industry requirement for a professional to have a PI policy. You've no ... it's all over. What does Professional Indemnity Insurance cover? Professional Indemnity insurance typically foots the bill ...

read more

Professional Indemnity

... ’s not?Professional Indemnity Insurance cost We have answers You're a professional and there ... the provision of your professional service or advice. PI Insurance will also assist ...

read more

What is Professional Indemnity Insurance?

... 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

A Guide to PI Insurance

... make Professional Indemnity Insurance simple (also known as errors and omissions insurance, PI or Professional ... Indemnity). What is PI or Professional Indemnity). What is Professional Indemnity Insurance? Professional Indemnity Insurance is a form of business insurance ...

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

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 ... the cost of Professional indemnity insurance for some Allied Health professionals can be as ...

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

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 ... main product categories of Professional Indemnity, Combined Professional Indemnity & Public Liability and ...

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

Professional Indemnity Insurance for Civil Engineers

... your pearls of wisdom and professional services. Like any profession there ... services. As a professional, considering Professional Indemnity insurance ... the provision of your professional service or advice. Professional Indemnity insurance will also assist ... project completion • Property damage / personal injury • Loss of property value ...

read more

Insurance for Consultants

... affect your personal assets if things go wrong. Insurance for Consultants Professional Indemnity* ... consultancies who can take out Professional Indemnity Insurance through BizCover include: Agricultural Consultants ...

read more

Insurance for IT Professionals

... is that trouble shoots back. Professional Indemnity insurance provides much-needed financial protection for ... insurance can assist with are inadvertent loss or release of customer personal ...

read more

What are the Insurance Options for Land Surveyors?

... yourself and your company with insurance is a smart investment. Land ... ... to defend their rights, Professional Indemnity Insurance can be crucial. PI insurance is designed to ... maintain records of their clients' personal details and other proprietary data, ...

read more

Insurance for Civil Engineers- what you need to know

... about what kinds of business insurance coverage you may need to ... ... on your business. Professional Indemnity insurance Professional Indemnity insurance is a type of insurance coverage selected by ... insurance can assist with are inadvertent loss or release of customer personal ...

read more

Management Liability Insurance

... And no-one loves risking their personal assets! The changing regulatory environment ... with running the company. Where Professional Indemnity Insurance covers the advice or service ...

read more

Insurance for Real Estate Agents

... the provision of your professional service or advice. Personal Indemnity Insurance will also assist ... Territory Requirements Minimum Level of PI Insurance New South Wales Legislative: Property, ...

read more

Insurance for Project Managers

... you across the country, your Professional Indemnity insurance covers you anywhere in Australia. ... will protect your business and personal assets against legal costs for ...

read more

Insurance for Finance & Mortgage Brokers

... already know Professional Indemnity insurance is important for finance and mortgage brokers. Professional Indemnity insurance is ... Liability* Consider the data and personal information you hold and the ...

read more

Insurance for Marketing Consultants

... who holds unreasonably high expectations. Professional Indemnity insurance is your secret weapon to ... provision of your professional service or advice. Having Personal Indemnity insurance will let you ...

read more

Insurance for Sole Trader

... IT Professionals Lawn Mowing Services Massage Therapists Migration Agents Painters Personal Trainers ... often 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 ... your premises, or in your personal custody? If you business holds ... such as Public Liability and Professional Indemnity insurance to ensure you are not ...

read more

Insurance for Architects

... Professional Indemnity insurance is known as 'claims made' cover, which means you need PI insurance ... responsibilities which can result in personal liability for alleged or actual ...

read more

Insurance for Personal Trainers

... outdoor areas. Insurance for Personal Trainers and Fitness Professionals Professional Indemnity As a personal trainer it's ... dietary plans and food preparation Professional Indemnity Insurance will also assist with the ...

read more

Insurance for Civil Engineers

... is where Professional Indemnity insurance becomes vital to you and your business. Professional Indemnity insurance is ... event of business interruptions. Personal Accident and Illness Insurance No matter how ...

read more

Insurance for Engineers

... errors in your professional services or advice. Your Professional Indemnity insurance will pay compensation ... Management Liability insurance will protect your company and your personal assets against ...

read more

Insurance for Yoga Teachers

... - $10 million Professional Indemnity insurance. Insurance for Yoga Teachers Professional Indemnity Insurance* Yoga is ... at risk of personal injury claims meaning Public Liability insurance is important ...

read more

Insurance for makeup artists

... negligent in providing your professional service.. Hello Bridezilla! Professional Indemnity insurance is designed to ... can protect your business from personal injury or property damage claims ...

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 ... 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 ... of 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

Insurance for Electrical Engineers

...  errors in your professional services or advice.  Your Professional Indemnity insurance will pay compensation ... for alleged or actual wrong-doing. Personal Accident & Illness insurance* Accidents ...

read more

Social Media Insurance

... #business and have your own professional account, the stakes can be ... This is where Social Media Indemnity Insurance comes in, you can now ...

read more

Professional Attire Insurance

... There's now a revolutionary solution; Professional Attire Insurance, that covers you ... for any damage to your professional uniform, offering a rapid replacement ...

read more

Insurance for Accountants

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

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 ... 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

Insurance for Nurses

... by their own PI arrangements or third party PI arrangements, PI cover for ... sets out minimum requirements for Professional Indemnity Insurance for all enrolled nurses, registered ...

read more

Insurance for Bookkeepers & BAS Agents

... BAS Agents to have Professional Indemnity (PI) insurance. Professional Indemnity insurance coverage helps to reduce ... legal and defence costs ^Minimum PI insurance requirement source from TPB (2017, ...

read more

Insurance for Nurses

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

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 ... the provision of your professional service or advice. Professional Indemnity Insurance will also assist ...

read more

Insurance for Recruitment Consultants

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

read more

Insurance for IT Professionals Colour Test 2

... respond to the claim. Insurance for IT Professionals Professional Indemnity The IT world is ... is that trouble shoots back. Professional Indemnity insurance provides essential financial protection for ...

read more

Insurance for IT Professionals Colour Test

... respond to the claim. Insurance for IT Professionals Professional Indemnity The IT world is ... is that trouble shoots back. Professional Indemnity insurance provides essential financial protection for ...

read more

Insurance for Professionals

... Luckily there is an insurance policy for that! Professional Indemnity insurance protects you against ... negligence in your professional services or advice. Your Professional Indemnity insurance will meet the ...

read more

Insurance for pharmacy and pharmacists

... of pharmacy insurance within the market. Liability Insurances for pharmacists Professional Indemnity insurance* ... Other Insurances for pharmacies Whilst Professional Indemnity and Public Liability insurance provides ...

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

Insurance for Registered Tax Agents

... When considering the amount of Professional Indemnity insurance you might require, you should ... as the minimum requirement. ^Minimum PI insurance requirements source from TPB ...

read more

Insurance for Land Surveyors

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

read more

Insurance Glossary

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

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 ... 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

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 ... of the land using specific professional equipment and technology Establish the ... Surveyor insurance should also be considered and this may include professional indemnity insurance. ...

read more

5 Reasons to love Personal Accident Cover

Personal Accident and Illness Insurance (IPA Cover)offers financial protection when ... Personal Accident and Illness Insurance (IPA Cover)offers financial protection when ... Checks Unlike some other insurance policies, a personal accident policy will not ...

read more

Personal Accident and Illness

... your business. Having Personal Accident & Illness (PA) insurance covers you for ... can get quotes and Personal Accident and Illness insurance within minutes and ...

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, . ... event. Management Liability* Management Liability insurance is designed to provide protection ... business.  Personal Accident & Illness Insurance* Personal Accident and Illness insurance can provide ...

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 ... of rates in the non professional sector, primarily around Public Liability ... in the retail sector. Insurance pricing to the professional sector saw no ...

read more

Tax Audit Insurance

... costs of accountants and other professional fees incurred in the course ... as advice. Download Tax Audit Insurance Fact Sheet Your Cover Options ...

read more

Public Liability Insurance for Cabinet Makers

... the right kind of business insurances in place. Regardless [] ... ... the most important types of insurance for cabinet makers, Public Liability ... liable. This could put your personal assets, like your home and ...

read more

BizCover SME Insurance Price Index Q1 FY20

SME retailers and professionals have seen material price reductions ... ... benefits can be seen in Professionals and Retailers, who have seen ... customers across Australia purchasing their insurance through our platform.” BizCover Customer, ...

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

Reviews related to personal 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.