Typically obtained by business professionals who provide advice to their customers.
Professional Indemnity Insurance (PI) protects you from claims when your client holds you responsible for errors, or the failure of your work to perform as promised in your contract.
PI Insurance can pay for any resulting judgments against you, including legal defence costs and court costs up to the coverage limits in your policy.
Common industries to purchase Professional Indemnity include:
- Accounting and Financial Services
- Building Professions
- Information Technology
- Training Organisations
- Management Consultants
- Medical Professionals
- Transport Industries
Our PI specialist Brokers can advise you on the appropriate cover.
To obtain a quote or learn more about the cover, please phone us on (07) 3270 1500