TDCS - Policy Cover

Professional Indemnity

$1 million (Aggregate – $20 million)
$2 million (Aggregate – $20 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 Extention
$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

Additional Cover Benefits

12 months Run-Off cover automatic extension
Cover for Pro-bono work
Unlimited Retro-Active Cover
Territorial Limits Worldwide excluding USA & Canada
Jurisdiction Limits Worldwide excluding USA & Canada

Staff & Sub-contractors

There is no limit to the number of Directors, Principals and staff covered under the policy
Named sub-contractors covered at no extra cost

Professional Indemnity Policy Cover

Continuous Cover
Loss of Documents
Disciplinary Proceedings & Inquiry Costs
Fraud & Dishonesty of Employees
Automatic Reinstatement
Joint Venture Liability
Newly Acquired or Created New Subsidiaries
Automatic Run Off Cover
External Disputes Resolution
Fidelity Guarantee
Estates & Legal Representatives
Extended Reporting Period
Public Relations Expenses
Court Attendance Costs
Civil Liability
Defamation, Libel & Slander
Contractual Liability
Breach of Warranty
Competition & Consumer Act & Related Legislation
Intellectual Property
Contractors, Sub-Contractors, Consultants & Agents
Pro-bono or Voluntary Advice or Services
Fines, Penalties, Punitive or Aggravated Damages
Statutory Liability
Cyber Liability
Legal Defence Costs

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

Named Sub-contractors can be automatically covered under your policy

Sub-contractor(s) can be covered under your Professional Indemnity and Public and Products Liability insurances by naming them on your policy. They will only be covered for services provided for and on your behalf. Any unnamed sub-contractor will not be covered, but you will still 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.

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 an APRA Authorised Insurer

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