Who should consider it?

Professional indemnity insurance is mandatory in some industries, such as medicine, accounting, law and financial advisers – with the requirements differing from state to state.
But even in cases where it’s not required by law, it’s recommended for anyone who is providing professional services or advice in exchange for a fee – like, graphic designers, IT consultants and more. Regardless of your legal obligation, it’s often a customer requirement that you have this cover in place.

“Professional indemnity insurance matters – it helps protect your assets and brand if your advice causes a client to take legal action against you”

Did you know?

(Insurancenews.com.au ‘Claims up,
premium down for PI and PL’, 2015)

(APRA, National Claims Policy Database,
2017)

(APRA, National Claims Policy Database,
2017)