https://i2.wp.com/abcountrywide.com/wp-content/uploads/2018/08/piinsurance.jpg?fit=500%2C310&ssl=1 310 500 Evan https://abcountrywide.com/wp-content/uploads/2017/01/austbrokers-countrywide-logo-2.png Evan2018-08-23 14:54:122018-08-28 09:05:26What professional indemnity insurance limit is adequate?
What is an adequate Professional Indemnity Insurance limit? This is not an exact science with an applicable formula and the answer can be different for everyone, but here are 5 key issues that should be considered when determining an adequate indemnity limit.
https://i0.wp.com/abcountrywide.com/wp-content/uploads/2018/08/piclaims.jpg?fit=500%2C310&ssl=1 310 500 Evan https://abcountrywide.com/wp-content/uploads/2017/01/austbrokers-countrywide-logo-2.png Evan2018-08-16 11:13:372018-08-20 15:44:15Your rights & responsibilities in notifying a PI Insurance claim
Professional Indemnity Insurance provided on a ‘Claims Made’ basis mean you have certain responsibilities to notify circumstances throughout the policy period. Whether they eventuate or not, it is important to notify all potential circumstances to your Insurer during the current period in order that cover is afforded.
https://i2.wp.com/abcountrywide.com/wp-content/uploads/2018/07/pi-insurance.png?fit=500%2C310&ssl=1 310 500 Evan https://abcountrywide.com/wp-content/uploads/2017/01/austbrokers-countrywide-logo-2.png Evan2018-07-02 12:16:172018-08-20 15:44:56The Point of Professional Indemnity – why bother?
If you are offering advice within your profession and a loss is suffered by the third party, you may be held liable Often the value in a Professional Indemnity policy is the defence costs. Without insurance protection you may be putting your personal assets at risk.
Toll free: 1800 245 123
P: (03) 9835 1300
F: (03) 9763 5932
Level 2, 35 Dalmore Drive
Scoresby VIC 3179