Professional Indemnity Insurance

Professional Indemnity Insurance2018-08-20T00:18:43+00:00

Why You May Want To Consider Professional Indemnity Insurance

We are all human and we all make mistakes, therefore expensive lawsuits can arise from dissatisfied clients at anytime. So if you’re providing professional advice or services, insurance to protect your exposure to Professional Risks is essential.

The cost of Professional Indemnity cover
Premiums vary depending on your occupation and the sum insured required (Normally ranging from $1 Million to $10Million).

Who needs 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

What does 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

At CIA we can:

REASON 1

Help protect your business and reputation if your advice or services caused a client and other parties to suffer financial loss and legal proceedings commence

REASON 2

Ensure that the business can carry on as normal without the stress of financial ruin should a claim arise

REASON 3

Ensure Principals, Partners and employees are covered in case of any potential claims brought against you

REASON 4

Ensure adequate coverage for any legal costs, judgments or settlements that you or your business may have to pay to compensate the suing party’s

LET’S DISCUSS YOUR NEEDS

CIA BROKERAPP