Covers claims that your advice, design or professional service was wrong and cost somebody money. If clients pay you for your expertise rather than a physical product, this is the cover that answers when that expertise is challenged.
Professional Indemnity is usually written on a claims-made basis, meaning the policy that answers is the one in force when the claim is made, not when the work was done. That is why continuity matters more than in any other cover.
These are the real questions, and why each one changes your premium. Our chat walks through them with you.
The policy only answers for work done after this date. Getting it wrong leaves years of past work uninsured, and it is the single most common gap we see when someone switches insurer.
A gap in cover can leave earlier work permanently uninsured, because the policy answering a claim is the current one. Insurers price continuity heavily.
Your limit needs to be sensible against the biggest job you take on, not your average one. Insurers use it to sanity-check the limit you have asked for.
Cover is written around what you actually do. An activity you did not mention is an activity the policy may not answer for.
No forms. Answer a few questions in chat and an authorised broker takes it to the market for you.
This page is general information only and does not take your objectives, financial situation or needs into account. Consider the Product Disclosure Statement before deciding. Cover is subject to the insurer’s terms and acceptance.