Understanding Insurance, Part Two: Professional Indemnity Insurance

There’s a great deal of responsibility and care required when you provide specialist advice and services for a living. No matter how professional you may be, all it takes is one dissatisfied client for you to potentially be dealing with a lawsuit or insurance claim. Fortunately, this is where Professional Indemnity insurance can provide protection when you need it most.
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What does Professional Indemnity Insurance cover?

Professional Indemnity insurance* is an important form of protection for businesses that provide specialist services or professional advice. It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. PI Insurance could also assist with the legal costs associated with responding to or managing claims which are covered by the policy.
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How the cost of Professional Indemnity insurance is calculated

Ever wondered how the cost of a Professional Indemnity (PI) insurance policy is calculated and why one profession can often cost more than another? We look some of the key factors that that impact the cost of Professional Indemnity insurance.
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Professional Indemnity Claims: when should I notify my insurer?

If you are a professional who provides advice or a service to your clients, your Professional Indemnity (PI) insurance is no doubt one of the most vital covers you have for your business. If things don’t quite go to plan it can provide much needed financial assistance for legal and compensation costs in the event of action taken against your business.
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5 Questions Accountants should ask when purchasing Professional Indemnity insurance

Insurance can be a confusing business, especially when you’re dealing with Professional Indemnity insurance*. However, you can make sure you get the Professional Indemnity that is suitable for you by asking the right questions. Here are seven things you should take into consideration when purchasing Professional Indemnity insurance.
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5 Things for Accountants to Consider When Applying for Professional Indemnity Insurance

Insurance can be a confusing business, especially when you’re dealing with Professional Indemnity insurance*. However, you can make sure you get the Professional Indemnity that is suitable for you by asking the right questions. Here are seven things you should take into consideration when purchasing Professional Indemnity insurance.
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The difference between public liability and professional indemnity insurance

It’s important to understand the difference between Professional Indemnity and Public Liability insurance as the two types of cover can often cause confusion. Whilst both covers protect your business against legal action they offer different forms of protection.
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Tradie Guide to Professional Indemnity Insurance

Professional Indemnity insurance may not be the most obvious type of business insurance for tradies in New Zealand, yet in reality it can be relevant and very handy given the fact that many tradies provide professional advice to their customers for a fee.
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What Is The Difference Between Public Liability And Professional Indemnity Insurance?

Chances are you’ve probably heard of both Public Liability insurance* and Professional Indemnity insurance*, and while both provide a form of cover for your business, they are very different in what they protect your businesses from.
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An Engineers Guide To Understanding Professional Indemnity Insurance

Professional Indemnity insurance* is something that you may have heard of as an engineer. We’re going to break down the basics, without the jargon and explain the ins and outs of what this kind of insurance provides cover for, what it doesn’t cover and some interesting things you may not be aware of with this kind of policy.
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Reviews related to Insurance for IT Professionals

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    Faustin Roman Information Technology
  • q-icon Got my PI cover sorted within 15 mins over the phone. q-icon

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    Kaushalya Samarasekera Information Technology
  • q-icon Very slick and quick service with a great premium price for the cover. All done on-line with no long forms to fill in. q-icon

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    Stephen Hutchins Information Technology
  • q-icon Seamless - everything done online with no intervention required. q-icon

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    RAJAN SHANKER Information Technology
  • q-icon So fast and easy! All done in 5 minutes. q-icon

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    Jemima Lewis Information Technology
  • q-icon Definitely a good tele-support for an email query. q-icon

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    Scorpio fibre optics limited Mt Eden Information Technology
  • q-icon Great, easy process. q-icon

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    Etienne Kruger Information Technology
  • q-icon Online, easy and cost effective q-icon

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    David Ball Information Technology
  • q-icon Real easy to renew your cover and they email you a reminder. q-icon

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    Joseph Caldwell Information Technology
  • q-icon The website was v easy to use. I could answer all the questions. It was a simple quick process, I was impressed. Thanks First Advice's quoting system does my head in, you have to be clued to the instructions, this was a breath of fresh air. q-icon

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    Virginia McCabe Information Technology