Professional Indemnity

$2 million (Aggregate - $6 million)
$5 million (Aggregate - $20 million)
10 million (Aggregate - $20 million)
Excess Nil on all claims

Public & Products Liability & Advertising Injury

$10 million*
$20 million**
Excess Nil on all claims

Automatic Sub-limits of Cover

$1 million Property in Care, Custody & Control
$1 million Driving Risk Extension - Whilst repossessing vehicles
$10 million Driving Risk Extension - Any other injury or damage, not covered elsewhere*
$20 million Driving Risk Extension - Any other injury or damage, not covered elsewhere**
$250,000 Disciplinary Proceedings & Inquiry Costs
$250,000 Fines & Penalties
$250,000 Fidelity Guarantee
$250,000 Statutory Liability
$250,000 Legal Defence Costs
$250,000 Public Relations Expenses
$250,000 Cyber Liability
ASIC Approved External Disputes Resolution Costs

Optional Insurance Cover

$10 million Hook Liability Extension*
$20 million Hook Liability Extension**

Additional Cover Benefits

12 months Run-Off cover automatic extension - Applicable after two years of continuous cover held.
Cover for New Zealand domiciled entities and subsidiaries
Cover for Pro-bono work
Territorial Limits Worldwide excluding USA & Canada
Jurisdiction Limits Worldwide excluding USA & Canada

Professional Indemnity Policy Cover

  • Civil Liability Breaches, Acts, Errors or Omissions
  • Defamation
  • Competition & Consumer Legislation
  • Intellectual Property
  • Retroactive Date
  • Advancement of Costs
  • Loss of Documents
  • Fraud & Dishonesty
  • Enquiry Costs
  • Extended Reporting Period
  • Court Attendance Costs
  • Mitigation of Costs
  • Privacy Breach Costs
  • Fines & Penalties
  • Pro-bono or Voluntary Advice or Services
  • Sale or Supply of Goods
  • Run Off Cover Insured Entity
  • Joint Venture Liability
  • Continuous Cover
  • Sub-Contractors
  • Spousal Liability
  • Cyber Liability
  • Statutory Liability
  • Fidelity
  • Previous Business
  • Public Relations Expenses
  • Newly Created Subsidiary
  • Automatic Reinstatement
  • External Disputes Resolution
  • Mergers & Acquisitions
  • Bodily Injury & Property Damage

Public & Products Liability Policy Cover

  • Covers a broad category of people and entities
  • Legal liability to pay compensation for personal injury, property damage and advertising liability
  • Broad definitions of personal injury, insured’s products, products liability and advertising liability
  • Property damage including any loss of use of property
  • Claims preparation costs
  • Property in your care, custody or control
  • Vehicles Used as a Tool of Trade
  • Court Attendance Costs
  • Cross Liability
  • Vehicles Unloading or Loading Goods
  • Sale or Supply of Goods

Unnamed Sub-contractors

You can engage the services of any sub-contractor, whether they hold insurance or not. Your policy will always cover you for any vicarious liability that may arise from the use of a sub-contractor or their actions. However, the policy will not cover the liability of the sub-contractor, but you will be covered to the extent of their vicarious liability, e.g. any negligent act they commit whilst acting on your behalf, for which you are held liable. Before engaging any sub-contractor you must always first check that they are appropriately qualified and licensed, hold their own valid Professional Indemnity, Public & Products Liability and Workers Compensation insurances.

Naming Sub-contractors to be covered under your policy

Uninsured Sub-Contractor(s) can be named on your policy for under your Professional Indemnity and Public and Products Liability insurances. They will only be covered whilst undertaking services provided for and on your behalf. Cover under the Professional Indemnity policy will only last for as long as they remain named on the policy, once removed, all cover will cease from that point. Sub-contractors will not be covered for claims made after that date, even if they were on cover at the time a claim occurred. Additional premiums may apply depending upon the number. Sub-Contractor(s) whom have their own insurance do not need to be named on your policy.

Premium Funding – Pay your premium by monthly instalments

Fund your premium and spread the repayments over 3 to 12 months. Funding charges apply.
If you wish to pay by monthly instalments, please contact us for a premium funding application. Instalments will be debited directly from your nominated bank account or credit card. Please note that funding terms, conditions, fees and charges apply, including default and cancellation charges.

Facility Security

Underwritten 100% by Certain Underwriters at Lloyd's
Lloyd's of London is an APRA Authorised Insurer