Professional Indemnity Insurance Quotes
Professional Indemnity Insurers Quoted Include
Why do you need Professional Indemnity Insurance?
Could you be sued for malpractice, professional misconduct, or breach of duty?
It costs time and money to defend against these actions. You could be held responsible not only for your own actions but also for those of your partners, employees or volunteers.
A professional indemnity insurance policy safeguards your business by providing cover against such claims, including legal defense costs.
For many professions, the associated governing body sets strict guidelines specifying a level of professional indemnity insurance cover that is required to trade.
Also, some states have minimum levels of cover for contractors working for government departments.
Professional Indemnity (PI) Insurance is a type of insurance that is often used by practicing professionals such as accountants, lawyers, architects, interior designers, engineers, and consultants, or any qualified professional.
Why should you consider getting PI insurance:
To cover against financial (civil law) claims made against you or your company’s work. These would usually be made by a client and could be directed at any party involved in a project for which your company services might be responsible.
Some clients, especially many government bodies, insist on this cover being in place before contracts are signed.
This is to provide recourse in the event of the above.
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Professional Indemnity Insurers Used
AIG, Coversure, Dual, CGU, Hiscox, QBE, Vero and Solutions Underwriting
Professional Indemnity Insurance FAQs
— Insure 247 Team (@Insure247Team) July 12, 2016
— Insure 247 Team (@Insure247Team) July 12, 2016
Professional Indemnity Information
What does Continuous Cover mean in my professional indemnity policy? Professional Indemnity policies are written on a Claims Made policy which generally excludes claims arising from circumstances known to the insured before the start of […]
Quotesonline can now arrange quotes for Professional Indemnity Insurance for Swimming Pool Barrier and Fence Safety Inspecting and Certifying. In response to regulations requiring Swimming Pool Barrier and Fence Safety Inspecting and Certifying businesses to have Professional […]
What is Professional Indemnity insurance Insurance is an industry that has been accused of hiding behind confusing and confounding terminology. Whether it’s because of outdated legal reasons or (as with some other industries) because […]
Quotesonline Now Quoting More Occupations For Professional Indemnity Insurance Cover Anywhere Anytime What is Professional Indemnity Insurance? A professional indemnity insurance policy safeguards your business by providing cover against such claims as financial loss, including legal […]
Do plumbers need Professional Indemnity? There was a time when plumbers simply turned up and replaced a washer, installed a tap and re-seated the shower. Then builders and developers asked the tradie for a copy […]
Professional Indemnity insurance policies operate on a ‘Claims Made’ basis. In other words, the policy which responds is the policy in place at the time a claim is made against your practice or when you […]
Professional Indemnity insurer OmniPro has merged its portfolio with Coversure Pty Ltd to combine the operations and distribution opportunities of both businesses. OmniPro was formally an operating division of Allstate Underwriting […]
Professional Indemnity Insurance requirements for CPA After a review of Professional Indemnity Insurance requirements for Chartered Practicing Accountants, the CPA has released more details of the recommendations on the CPA website • The minimum […]
Public liability and professional indemnity insurer W. R. Berkley Insurance Australia rebrands to Berkley Insurance Australia. W. R. Berkley Insurance Australia (WRBIA), currently a branch of W. R. Berkley Insurance (Europe), Limited (WRBIEL), has announced […]
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