Australian Investigators & Commercial Agents > Policy Cover

Professional Indemnity

Cover options of

$1 million
$2 million
$5 million
10 million
Excess Nil

Public & Products Liability & Advertising Injury

Cover options of

$10 million
$20 million
Excess $250

Automatic Sub-limits of Cover

$250,000 Fines & Penalties
$309,000 ASIC Approved External Disputes Resolution Costs
$250,000 Disciplinary Proceedings & Inquiry Costs
$100,000 Fidelity Guarantee
$250,000 Property in Care, Custody & Control
12 months free Run-Off cover, can be extended to 84 months
Cover for Limited AFSL holders
Cover for Tax Schemes
Cover for Pro-bono work
Unlimited Retro-Active Cover

Staff & Sub-contractors

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

Professional Indemnity Policy Cover

  • Civil liability breaches, acts, errors or omissions
  • Breach of duty.
  • Intellectual property (including breach of confidentiality or infringement).
  • Libel and Slander.
  • Loss of or damage to documents (to the full policy limit).
  • Dishonest/fraudulent/criminal or malicious acts or omission by any employee.
  • Unintentional breaches of the Trade Practices Act / Fair Trading Acts
  • Covers bodily injury and property damage claims arising from the professional services covered by the policy.
  • Definition of ‘claim’ means by any third party however conveyed.
  • Claims investigation costs paid in addition to the policy limit.
  • Insured’s legal costs and disbursements paid in addition to the policy limit.
  • Joint Venture Liability.
  • Newly acquired or created new subsidiaries.
  • Fidelity Guarantee.
  • Automatic Reinstatements

Public & Products Liability Policy Cover

  • Covers a broad category of people and entities
  • Covers 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
  • Covers property damage including any loss of use of property
  • Claims preparation costs
  • Covers property in your care, custody or control