P.I. INSURANCE ~ Brisbane and Regional Queensland
PROFESSIONAL INDEMNITY INSURANCE
Professional Indemnity insurance covers your business for “Advice Given”, particularly when the advice is given for a fee. It is designed to provide protection for Errors and Omissions where financial loss by third parties has occurred as a result of professional negligence on your part or members of your staff.
You may also require or already have in place, Public Liability Insurance. Public Liability insurance covers legal liability to third parties for causing bodily injury or property damage through negligence or an accident on the part of the individuals, your company or employees. This insurance does not cover Professional Indemnity or financial loss as this is excluded under all public liability policies.
Professional indemnity cover is important for all companies and individuals that provide advice or professional services. Typical professions that would require this cover could be Accountants, Trainers, Safety Consultants, Solicitors, Engineers and many others. Protection can be provided against claims arising from:
- Any Negligent Act, Error or Omission.
- Unintentional Infringement of Intellectual Property Rights.
- Loss of Documents or Data entrusted to you.
- Unintentional Libel, Slander or Defamation.
- Unintentional Breach of Confidence.
- Unintentional misuse of Confidential Information.
Other variations of insurance can be provided to protect your professional financial exposures. These products include, but are not limited to:
Directors and Officers Liability.
Your Insurance Adviser is a specialist in Professional Indemnity Insurance. He will discuss your needs and then compare policies and premiums available from multiple insurers to find you the most cost effective cover.
Contact us for an obligation free review and quote.