0508 249 268 Call

Professional Indemnity Claims: when should I notify my insurer?

... service to your clients, your Professional Indemnity (PI) insurance is no doubt one of ... much needed financial assistance for legal and compensation ... or a service to your clients, your Professional Indemnity (PI) insurance is no doubt one of the most vital ... legal and compensation costs in the event of action taken against your business. Like all insurance policies ...

read more

How the cost of Professional Indemnity insurance is calculated

... how the cost of a Professional Indemnity (PI) insurance policy is calculated and why one ... that impact the cost of Professional Indemnity insurance ... 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. Insurance policy ...

read more

Types of small business insurance in New Zealand

... is Small Business Insurance. But what kind of insurance do you actually ... If you own a small business, there's no denying one the most important things you need to protect your assets is Small Business Insurance . But what kind of insurance do you actually need? There's no 'one-size-fits- ...

read more

Business Risk: What Isn't Covered and Why it Matters

... common issues with Business Insurance is that policy owners often fail to ... of what's in your policy is great (that's why ... ... You don't need to know your policy by heart but having a rough idea of what's covered will certainly come in handy. For example, if you purchase Professional Indemnity (PI) insurance you should know that you're covered ...

read more

Understanding Insurance, Part Two: Professional Indemnity Insurance

... . Fortunately, this is where Professional Indemnity insurance can provide protection when you ... part two of our Understanding Insurance [] There's a great deal of responsibility and care required when you provide specialist advice and services for a living . N o matter how professional you may be, all it takes is one dissatisfied ...

read more

The difference between public liability and professional indemnity insurance

... Professional Indemnity and Public Liability insurance ... legal action they offer different forms of protection. Public Liability 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 ...

read more

What do you need to know about Professional indemnity insurance?

Professional Indemnity Insurance (PI) can be ... we explain what professional indemnity insurance is and why it ... business. What is Professional ... need to look at your policy wording to look at what specifically is covered). Misconceptions Around Professional Indemnity Insurance A common misconception professional indemnity insurance claims only arise because ...

read more

Professional Indemnity Insurance

... , if not more. Even if you are not found liable, the legal costs of defending yourself could seriously affect your business.Professional Indemnity Insurance (PI) is designed to protect you and your employees by providing ...

read more

What is Professional Indemnity Insurance?

What is Professional Indemnity Insurance? Professional Indemnity insurance is designed for professionals who provide advice or a service to their clients. If someone alleges that you've made a mistake, overlooked a ...

read more

Key things to look out for when Growing Your Small Business

... management, however, and a tailored insurance [] There comes a time when every successful enterprise needs to ditch the baby steps, put it all on the line, and take a giant leap forward. At that point, the decisions you make will determine whether the next phase ...

read more

Help Protect your small business' reputation

When it comes to running a small business, your brand and its reputation are priceless. No doubt you've spent countless hours establishing your name by building strong When it comes to running a small business, your brand and its reputation are priceless. No doubt you've spent countless hours establishing your name by building strong relationships with your customers and clients, but ...

read more

Insurance for Consultants

... come without risk. That's why Professional Indemnity (PI) insurance is designed to provide the essential ... reputation. Cyber Liability insurance is designed to protect your business against the costs and legal expenses if ...

read more

Insurance for Immigration Advisers

... Professional Indemnity (as at July 2017). Insurance for Immigration Advisers Professional Indemnity Insurance Professional Indemnity (PI) insurance ... professional indemnity policies specifically designed to meet the law ...

read more

Understanding Insurance, Part 4: Cyber Liability Insurance

... of our Understanding Insurance series we explore how Cyber Liability insurance can protect your ... ... Cyber Liability insurance? Cyber Liability Insurance protects your business against the expense and legal ... cyber incident? To understand if a Cyber Liability policy would be beneficial to your business ...

read more

Cyber Liability Insurance

... stolen, the costs of repairing the damage and the legal costs associated with a data breach can have a ... annually* Cyber Liability Insurance is designed to protect your business against the expense and legal costs arising ...

read more

Cyber Liability Insurance - the Safety Net Small Businesses Need

At long last, the wider public is starting to realise that hackers aren't hooded movie villains - they're real people doing real damage across the globe, especially ... and even the best security systems are vulnerable to infiltration. However, a good Cyber Liability policy as part of a broader business insurance plan will go a long way towards ensuring small and medium sized businesses ...

read more

BizCover expands its insurance offer and launches a new look

... to compare and buy professional indemnity and business insurance online Sydney, Australia - ... and leading provider of online professional indemnity ... no delays on their policy documentation. BizCover's partners include Australia's leading insurers, QBE, Chartis, Vero and DUAL. To get a quote for professional indemnity, public liability or business insurance, and get ...

read more

What Photographers Need to Know About Business Insurance

... a photographer and how business insurance can protect your business. Why ... do photographers need to consider insurance? Working with clients, ... insurance also covers any legal costs that you may incur while defending yourself. Professional Indemnity insurance ... , including earthquake* Cyber Liability insurance * You rely ...

read more

Insurance Options for Retailers

... wrong. Having the appropriate retailers insurance in place to protect your ... ... caused by your products Some Public Liability insurance policies include cover for Product Liability cover. ... daily tasks of running your business. Cyber Liability insurance is designed to help protect your retail ...

read more

Things you didn't know about small business insurance

Getting the insurance sorted for your small business ... , compare quotes and buy the insurance that suits your business. But ... business insurance ... you work from home, your home and contents insurance policy might not cover all the liabilities related to your ... may require you to have Professional Indemnity cover. Make sure your policy stays relevant and on the move ...

read more

What does Public Liability Insurance Cover?

Public Liability Insurance protects you and your business ... ... financial repercussions can be devastating. If one considers the legal defence costs alone, these could put you out of ... you face the risk of legal action. Public Liability Insurance protects you against claims from any ...

read more

Understanding Insurance, Part 3: Business Insurance

... of our guide to understanding insurance, we take a look at ... Business Insurance, the different kinds of cover ... business. What is Business ... business. What is Business Insurance*? Business Insurance is designed to protect your ... subject to policy sub-limits . Business Interruption* Business interruption insurance provides cover ...

read more

Insurance for Engineers

... Insurance for Engineers Professional Indemnity Professional Indemnity provides indemnity for professional errors and negligence. Importantly, it provides legal ... A comprehensive business insurance policy for any engineering ...

read more

Insurance for Mortgage Brokers

... result in your client suffering a financial loss. Without professional indemnity insurance coverage, you could find yourself personally liable for any associated legal bills and the full cost of any claim made against ...

read more

Insurance by Professions

... is why our comprehensive insurance offer includes Professional Indemnity insurance, Public Liability Insurance, Statutory Liability Insurance, Cyber Liability Insurance and Employers Liability Insurance for a variety of ...

read more

How much does Public Liability Insurance cost?

... data being based on stand-alone Public Liability policies, as opposed to the Liability packages that we have negotiated with our insurers to combine Professional Indemnity and Public Liability cover which offer much more ...

read more

Insurance for Beauty Salons

... policy and in the bat of an eyelash you can be covered instantly. Did you Know? To be a member of The New Zealand Association of Registered Beauty Professionals, it is compulsory to hold Professional Indemnity insurance ...

read more

4 Areas You May Not Have Thought Business Insurance Covers

You work hard to build your business. So it's vital to protect your business assets and revenue against potential risks that may impact your business, such as fire, ... the policy ... policy to suit your needs and include other essential covers such as Public Liability and Professional Indemnity insurance to ensure you are not left financially responsible for the costs of a legal ...

read more

What is Public Liability Insurance?

... insurance company will provide much needed funds to cover your legal costs and any compensation claims, leaving your Most public liability policies ... the right amount of Public Liability insurance, or worse, didn't have ...

read more

Insurance options to protect your cleaning business

... your business has the right insurances in place for when things ... ... insurances for most kinds of businesses is Public Liability insurance. Public Liability insurance is designed to cover the legal ... are flying solo as a cleaning business, Public Liability insurance is still ...

read more

Public Liability Insurance

... about is paying hefty legal costs should an unwanted accident occur. Public Liability Insurance, often referred to ... 2 million, $5 million, and $10 million. Policies are typically tailored to suit the type of industry ...

read more

Tear and Share: Our customers get even with their old insurance policies

... feel about their expensive, archaic policies and encouraged them to get ... previously victims of their old policies, that have decided to take ... a very dramatic fashion - said she'd throw her old policy into the log burner, all the while sipping on a ... old policy. Thankfully with BizCover, there's no nasty paper policies. Just hassle-free insurance, online ...

read more

Understanding Insurance, Part One: Public Liability Insurance

... understand the importance of business insurance and the different kinds of ... off our series of Understanding Insurance [] ... from your business activities. Public Liabil i ty insurance covers you: If y ou work from a ... not provide cover Legal and defence costs A Public Liability Insurance policy will typica l ...

read more

Business Insurance

... include Public Liability Insurance to ensure you are left financially sound for the costs of a legal claim should a ... breakdown caused by an event defined in your policy. Money Covers money belonging to your business that ...

read more

Employers Liability Insurance

... we plan, accidents do occur. Employers Liability insurance protects you against settlements or damages, including ... injury to employees in the course of employment Legal costs incurred as a result of defending these ...

read more

Statutory Liability Insurance

Statutory Liability Insurance For Your Business New Zealand businesses are facing increased exposure to statutory ... actions in the workplace. Statutory Liability Insurance protects you, your business and your employees ...

read more

Cyber Insurance - Is it worth it?

Many businesses think their business is too small to attract cyber criminals. Yet, when it comes to cyber theft, size doesn't matter. Hackers are on the lookout for ... management plan, as it provides protection against the expense and legal costs associated with data breaches. Having cyber can help ... loss of sales. Having a Cyber Insurance policy can provide you cover for the ...

read more

It's Time for an Insurance Health Check!

The end of financial year is a time for people to plans for the new financial year ahead. It's also a great time for business owners to take stock and do a bit of planning ... may be considerations for your insurance. Firstly, do you have the ... insurance is written on a claims made basis, which means that the policy provides cover only for claims made during the policy period. Having a policy ...

read more

Insurance for Painters

... own insurance, it is likely you are not covered by their policy. Public liability policies usually ... or in the event of a fire and other perils. The policy can be completely tailored to meet your specific needs and ensures ...

read more

Insurance for Hairdressers

... the operation of your business. A Public Liability policy will cover third party property damage and or injury ... to conduct repairs or re-build. Business Interruption insurance can cover the loss of income and some of ...

read more

Insurance for Tradesmen

... comes down to the nuts and bolts of getting your business insurance sorted out, you can sit back and relax while the BizCover ... wall and hard place by not having Public Liability insurance. It's a crucial form of cover to ...

read more

How Plumbers Can Protect their Business with Public Liability Insurance*

As a plumber you are faced with different challenges every day, one minute you're fixing a burst pipe, next youre unplugging a drain, no two days are ever the same! ... away. With the appropriate level of Public Liability insurance in place, you are providing a financial ... any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording ...

read more

BizCover expands into New Zealand and launches BizCover.co.nz

... and leading provider of online professional indemnity insurance, has announced today the launch ... policies sold in the past two years), BizCover ... 000 policies sold in the past two years), BizCover.co.nz provides professional indemnity insurance for ... “Eighty per cent of the New Zealand professional insurance market is concentrated amongst three insurers. BizCover's ...

read more

How to protect your small business from cybercrime

Unfortunately, there's no off season for cyber criminals who are always on the prowl, leaving no small business immune especially when it comes to obtaining financial ... Cyber Liability insurance cover? Cyber Liability is designed to cover your business against the expenses and legal ... online incidents which could be in breach of the law: https://www.netsafe.org.nz/ The impact of ...

read more

Preparing your store for the holiday season ahead

The holiday season is upon us, which is an important time for retail businesses. It can provide a much needed boost in sales, but on the flip side it can also mean an ... for compensation and legal expenses. Ensure your Public Liability insurance policy has adequate cover to ... access systems and data. Therefore, a Cyber Liability insurance policy can act as your safety net against ...

read more

Tips for making a Stress-Free Claim for your business

... quickly as possible. Making an insurance claim can be stressful - ... ... back up and running as quickly as possible. Making an insurance claim can be stressful - but it doesn't need ... the Terms If you find sitting down to read your insurance policy cover to cover daunting, don't worry, you're ...

read more

The Art of Celebrating a Win this Winter

In the insurance world, we focus on loss ... ... or your staff happy. If it feels good and it's legal, go for it because that's the point; feeling good about ... always focus on the negatives. In fact, we see insurance as a hugely positive part of your business plan. But ...

read more

Customer Spotlight: Mosh

... , we can look after their insurance needs. Today we're looking ... ... butcher shop, your favourite café or the nation's leading social media agency, we can look after their insurance needs. Today we're looking at one of our most distinguished customers, Mosh . Based in Auckland, Mosh ...

read more

Introducing our newest cover option: Personal Perishables Cover

... new product: Personal Perishable Insurance. Personal Perishables Insurance covers working individuals for ... ... new type of cover will revolutionise the way insurance covers business individuals. In the past it has ... claims and never at a micro level. This means that insurance and help can be given to business people where they ...

read more

Tips On How To Better Your Business This Year

With 2019 only just getting underway, what better time is there to whip your business into shape for a successful year. Taking the time to review some of your existing ... , especially anti-virus programs. If your business has IT policies and procedures, it is also a good time to check ... business insurance policies in place to protect it from unexpected risks. Reviewing your insurance is ...

read more

7 Ways You Can Protect Your Business and Personal Information Online

The world today is digital, where you can now do everything, from reading books, listening to music, booking a taxi, pre-ordering your groceries for delivery and even ... of these things but if it is too overwhelming it's worth considering cyber insurance for your business. Most cyber insurance policies will not only cover your business financially but will help organise the retrieval of ...

read more

A Guide to Going Green This World Environment Day

This June marks 45 years since the United Nations launched World Environment Day, an initiative raising much-needed awareness of environmental issues across the globe ... with lowering pollution levels. Knowledge is power Educate your staff about recycling and environmental policies within your workplace. This could be as simple as advising your staff where the recycling ...

read more

Customer Spotlight: TwoBlackLabs

TwoBlackLabs create tailored services to assist clients by managing and making their business' unique security and privacy risk needs easier. They also specialise in ... ensure that in the event of a claim my business can continue, and my family are not impacted. Insurance allows me to meet my contractual obligations with certain customers ” Find out more about TwoBlackLabs here .

read more

Customer Spotlight: Scotchbox

Scotchbox is all about sampling Whisky and other spirits that aren't easy to find, or, you perhaps wanted to try but didn't want to buy a bottle. With Scotchbox you ... to do it!” Having a large supply of valuable bottles has also motivated McBride to ensure that he has insurances in place to protect his Scotchbox stock. “I chose to insure my business because I want to be protected ...

read more

5 Money Saving tips for Small Business in NZ

Most small business owners are conscious of their cash flow. Whether you are just starting out or have been in business a while, you'll want to make sure every dollar Most small business owners are conscious of their cash flow. Whether you are just starting out or have been in business a while, you'll want to make sure every dollar goes as far as possible. Here are 5 tips to help ...

read more

BizGiver launch in NZ: Granting a $2000 wish this spring

Ask any small business owner about the most difficult aspect of running a business and you'll most likely get a range of answers. However, there is common one thing ... back in 2010, BizCover NZ, an online insurance service for small businesses, knows all too well ... their business, and they need not be a policy holder with BizCover's insurance service to win. “So much of BizCover ...

read more

10 Amazing Facts About Small Businesses in New Zealand

With New Zealand ranking #1 in the World Bank's 2017 Doing Business Report this year, it has proven to be an attractive place for small business owners. We have put ... NZ, you can see you are in great company! As a small business owner ensure you review your insurance cover regularly. Getting insurance has never been easier - get quotes from top NZ insurers in just a few clicks or a ...

read more

Managing the work-life balance see-saw: Secret tips for small business owners.

Owning your small business can feel a bit like a balancing act with the everyday responsibilities of running the show, whilst trying to maintain a healthy lifestyle ... off your day by setting reminders and scheduling those important tasks, like reminding you when is your insurance up for renewal again. Intrigued? These are some of the impressive capabilities these devices can perform ...

read more

Take Back Your Time With These Apps

Time. It's something we could all do with a little bit more of, especially when you run your own business. One of the biggest skills you gain as a small business owner ... . At BizCover, we're big believer in saving time and that's why we offer a hassle-free business insurance experience. Jump online or give us a call to receive multiple quotes in minutes from some of New Zealand’s ...

read more

Reviews related to pi insurance nz solo practitioner

  • It was so easy and great time saver, prompt delivery to obtain the Public Liability and Professional Indemnity I require as an Occupational Health and Safety Consultant and Practitioner. Other quotes took well over a week to come back to me. Definitely r

    Patricia Copp
    Consultancy Occupations

  • Got my PI cover sorted within 15 mins over the phone.

    Kaushalya Samarasekera
    Information Technology

  • All questions answered Options of various policies explained thoroughly

    Rangi Monga
    Allied Health

  • Was an easy experience to update and re new policy

    Jamie Ewen
    Information Technology

  • very easy to renew policy, no dramas or hold-ups. I didn't have to waste my time with petty details.

    Andrew Barrell

  • Easy to deal with; did as they said. ie when I asked them to call back they did. Normally choosing insurance is a big headache but this was so straightforward and pleasant. I would definitely recommend them. A

    Alisa Drewett

  • I found getting insurance from BizCover exceptionally easy, did it over the phone,the representative that I was dealing with explained everything clearly and walked me through the whole process from start to finish.

    Tina Buckler
    Allied Health

  • Prompt response to my initial enquiry and subsequent questions about the policy.

    Carol Freebairn
    Trades & Services

  • Extremely easy, user-friendly online purchase process, really good. But like all insurance the value isn?t known until you need to make a claim. I hope if that?s ever needed, that process and customer service is equally as good.

    Angela Clarke
    Information Technology

  • They have competitive pricing but when selecting your insurance product you are completely on your own as the consultants do not provide any advice or recommendation regading the suitability of cover. That is of some concern if the kind of work you do isn

    Monique Princen
    Information Technology

  • Compared to the other quotes I was getting and poor customer service I was dealing with, BizCover were friendly and helpful, patient as I said I wasn't ready yet due to waiting for other insurance brokers who were terrible, BizCover kept trying to call bu

    Layla Dowthwaite
    Consultancy Occupations

  • The representative said that he wasn't sure if the situation I described was included in the insurance I selected and he would need to check with the under writer and call me back. I thought "yeah right" but he did call back very quickly and then my cover

    Quentin Duff
    Trades & Services

  • Highly recommended way of doing business insurance with out hassles and cost effective

    Peter Digby

  • I did fill this in before - don't know what happened to it. I thought the on-line service was good. The real proof about the value of any insurance product though is what happens when you have to claim!

    Alison McDonald
    Consultancy Occupations

  • Nice and fast, but not immediately obvious where to download insurance certificate.

    Charles Brooks
    Consultancy Occupations


    Janette Wallbutton
    Real Estate

Get instant quotes

Get the cover that is right for you

BizCover offers Professional Indemnity policies from a range of insurers with cover limits from $250K to $10M. When determining how much cover you need, consider the following:

  • Are there any statutory requirements for your profession?
  • Are you a member of a professional body or association with a set requirement to hold PI insurance? If so, how much cover do they require you to have?
  • Do any of your work contracts specify that you must hold a certain level of PI insurance?
  • What is the value of the jobs that you perform?
  • What are the potential risks (i.e. what could go wrong?) and what are the potential costs to rectify any mistakes?
  • What would the legal and investigation costs add up to if any action was taken against you?

Ensure you review your insurance regularly to assess your exposure risk and increase your level of cover accordingly.