Liability
Professional Indemnity Insurance — Protect your professional reputation and financial security
Helps protect professionals against claims alleging errors, omissions or breaches in the services or advice provided.
What is Professional Indemnity Insurance?
Professional Indemnity Insurance is designed to help protect professionals if a client alleges that an error, omission or breach in your advice or service caused them financial loss.
This cover can respond to legal defence costs, settlements and certain damages, subject to the terms and limits of the policy chosen.
Who this cover can suit
- Financial advisers, mortgage brokers and finance professionals
- Accountants, auditors and tax agents
- Fund managers and investment professionals
- Other advisory and consulting businesses where clients rely on your expertise
Why businesses consider this cover
- Increasing regulatory scrutiny and client expectations
- Contractual requirements from licensees, lenders or corporate clients
- Exposure to claims even when you believe you have acted properly
Typical features
Features and inclusions can vary between insurers and policies.
- Cover for specified civil liability claims relating to professional services
- Defence costs and investigation expenses, often in addition to or within the limit
- Optional extensions for contractors and certain past partners or employees
- Access to claims support and guidance through BLC Insurance Group
How BLC Insurance Group helps
Your broker will review your services, revenue, contracts and regulatory environment before approaching the market.
BLC Insurance Group works with insurers that understand professional risks, helping you seek cover that is appropriate for your licence conditions and client base.
Speak with a broker
Talk to BLC Insurance Group about a Professional Indemnity program tailored to your practice.
Policy terms, conditions, limits and exclusions apply.
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