Professional Indemnity insurance that is quick and easy
Professional Indemnity insurance is a crucial coverage that independent contractors should prioritise when searching for insurance.
Professional Indemnity insurance (also commonly known as PI insurance) is an important insurance to consider as it covers you as an independent contractor against claims that may be made against you or your work. Here at iSure, we offer PI insurance across many different types of contracting professions.
Many projects require Professional Indemnity insurance as a condition of your engagement, and our Professional Indemnity insurance enables you to insure yourself against claims of up to $10 million and gives you protection against:
- Defamation
- Negligence and Errors and Omissions
- Breach of laws (including Australian Consumer Law and Privacy)
- Breach of confidentiality
- Loss of documents
- Dishonesty of employees
- Infringement of intellectual property rights
Of course, not everything is covered. Fines and penalties are excluded and there is no cover if you engage in a deliberate or wilful breach. If you choose to extend your liability under contract or hold someone harmless, you may not have full protection for the contractual obligations. These exclusions are standard for this type of insurance.
Don't leave you and your business exposed to liability when you can manage it with a cost-effective solution.
If you require a Professional Indemnity insurance quote, please complete the form and we will contact you with a quote.
Call us today on 1800 447 873
or
Business Insurance Comparing Premiums
The market for Professional Indemnity insurance is a highly competitive. Professional Indemnity insurance quotes that appear to be easily comparable may, in fact, hide a number of highly significant differences.
Professional Indemnity insurers need to know exactly what it is you do. If you take out a policy that isn't precisely tailored to your profession you may discover, you are not covered for the loss sustained.
Then there are the policy exclusions to think about, and the policy excess.
Professional Indemnity insurance quotes do not indicate the level of service provided. It is important to consider whether there will be access to experienced specialists for any questions or concerns about the policy. Similarly, it is important to know if there is a dedicated claims team available to assist in the event of a claim.