We are all human and we all make mistakes; therefore, expensive lawsuits can arise from dissatisfied clients at any time. So, if you’re providing professional advice or services, insurance to protect your exposure to Professional Risks is essential.
This Insurance generally anyone involved with providing professional services including such professions as:
- Accountants
- Architects
- Structural Engineers /Surveyors
- Geotechnical Engineers / Soil Testers
- Estate agents
- Financial advisors
- IT consultants
The cost of Professional Indemnity cover varies depending on your occupation and the sum insured required (Normally ranging from $1 Million to $10Million):
- Professional indemnity Insurance cover
- Professional negligence
- Libel & Slander
- Fraud & Dishonesty
- Loss of Documents
- Trade Practices Act
- Costs & Expenses
- Disciplinary Proceedings & Enquiry Costs and various other risks
