Professional Indemnity Insurance
If a client claims that your advice or service caused them a loss, a negligence claim can be costly and can damage the reputation you have worked hard to build.
Professional indemnity insurance helps protect your finances and your reputation if that happens. It is recommended for anyone who provides professional services or advice for a fee, and it is mandatory in some professions.
Key covers
Cover depends on the policy and insurer you choose. Some benefits are included automatically, others are available as options.
Civil liability
Claims from third parties arising from the conduct of your professional work.
Fidelity cover
Direct financial loss caused by dishonest or fraudulent acts of an employee, first discovered during the policy period.
Inquiry costs
The costs of defending a regulatory investigation into your professional conduct.
Advancement of costs
Additional costs and expenses incurred during a claim.
Defence costs
The costs of defending a claim covered by the policy.
Ready to apply?
Download the Professional Indemnity Insurance Application Form, fill it in on screen and sign it, then email it to salesinsurance@yblgroup.com.au. Not sure what to put? Call Maggie on 03 8538 2699 and we'll help you through it.
PDF · 9 pages · 267 KBAn expert on your team.
We learn your business
We take the time to understand your business and risks, then tailor cover to fit.
We compare options
We seek terms from the insurers we deal with regularly and explain the differences in plain language.
We help when you claim
If something goes wrong, we help you prepare and manage your claim.
Flexible payment
Premium funding is available if you would prefer to pay by instalments.
Related covers
View all insurance →
Talk to us about professional indemnity.
Tell Maggie about your business or property and we will recommend cover that fits. Email salesinsurance@yblgroup.com.au.
Any advice on this page is general advice only and does not take into account your objectives, financial situation or needs. Before acting on it, consider whether it is appropriate for you and read the relevant Product Disclosure Statement and our Financial Services Guide. Cover, benefits and limits vary between insurers and policies and are subject to terms, conditions and exclusions. YBL Insurance Services Pty Ltd (ABN 52 640 800 282) is an Authorised Representative (No. 1281725) of MME Services Pty Ltd (ABN 75 675 435 640), AFSL 559974.