Professional Indemnity Insurance

Providing peace of mind by safeguarding your business against potential court costs and compensation claims for professional services.

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  • Flexible payment options to make budgeting easier – monthly or annually

The cover

Protects professionals against legal costs and claims for damages arising from any act, omission, or breach of duty in the delivery of a service.

What is covered?

  • Damages and claimant costs awarded against you
  • Legal and defence costs
  • Claims investigation costs
  • Court attendance costs
  • Public relations costs

What is NOT covered?

  • Intentional damage
  • Known claims and circumstances
  • Fraud and dishonesty
  • Bodily injury / Property damage

Why it’s important

Professionl Indemnity is a critical operational insurance for those providing a professional service. Whether a claim is valid or not, you’ll be protected against court costs and compensation claims that could financially cripple your business.

Who it’s for

This cover is specifically designed for businesses that provide a professional service to their clients. Accountants, mortgage brokers, consultants, bookkeepers, therapists and even Personal Trainers are at particular risk. Even if you’re good at what you do, defending a false claim could become a significant financial burden.


September 14, 2016

A busy migration agent was lodging an application on behalf of one of his clients, who was desperate to get into Australia.

Swamped with work, the agent got his paperwork mixed up and mistakenly lodged an incorrect visa application on behalf of the client.

In order for the client to remain in Australia, they had to start the process anew and submit the correct visa application. This forced the client to leave the country briefly to activate the new visa.

In a more fortunate turn of events, the migration agent was covered by his ProfessionaI Indemnity policy, which covered the almost $10,000 that was paid to the client to cover the cost of his flights, and to cover the cost of the new visa application (excluding the retainer fee).

These business insurance products are distributed by BizCover Pty Ltd (ABN 68 127 707 975, AFSL 501769). If you choose to purchase these products we will refer you to them. If you purchase a product as a result of a referral, we will receive a fee. BizCover acts as the agent of the insurers in respect of the insurance products offered on the website and not as your agent. Any advice does not consider your individual needs. You should consider if the insurance is suitable for you and read the Product Disclosure Statement or policy wording before buying the insurance.  Information on this website is general information only, you should read the Product Disclosure Statement or policy wording to ensure you understand the full details of any product you are interested in purchasing (including inclusions and exclusions).