Professional Indemnity Liability Insurance

Professional Indemnity Liability Insurance

At BizCover, we will get you sorted

No Hassle, No Paperwork, No Delay

Multiple quotes from leading NZ trusted insurance partners

Independent feedback from our customers rated our service at excellent.

Rated 4.5/5 for Customer experience

Professional Indemnity

... surveyor's insurer and made a quick settlement offer.The potential liability in this case was greater than the fees actually earned for ... (ACC). Professional Indemnity Professional Indemnity (PI) insurance is an important ...

read more

What is Professional Indemnity Insurance?

... of the most common in this article. The difference between public liability and professional indemnity insurance - Public Liability and PI insurance are both common forms of cover that small businesses often consider ...

read more

BizCover & NZTA

... during checkout. Protect your business today. Professional Indemnity Insurance for Tutors We're not trying to ... due to your business operations. Cyber Liability Insurance Protects your business against the expenses and ...

read more

What are the Risks in Running a Yoga Studio?

... your yoga studio is ... Professional Indemnity *; Public Liability *; Business Insurance *; Business Interruption *; Portable Equipment Insurance *; and Building And Contents Insurance *. Business insurance for yoga teachers ...

read more

What Insurance Policies do Yoga Studios Need?

... There are many types of insurance for yoga teachers that you might consider as a studio owner. Depending on your studio's needs, you might get: Professional Indemnity* Your students value your yoga knowledge and may ask ...

read more

Insurance for Yoga Teachers

... . What Insurance do Yoga Teachers need? Insurance can help yoga teachers keep their businesses strong and flexible. You might consider policies such as these for your yoga business: Professional Indemnity* Your students ...

read more

What does Public Liability Insurance Cover?

... between Public Liability and Professional Indemnity Insurance? Public Liability insurance protects you ... omissions in the provision of your professional service or advice. PI Insurance will also assist with the legal ...

read more

Public Liability Insurance

... between Public Liability and Professional Indemnity Insurance? Public Liability insurance protects you and ... Compensation Commission (ACC). Professional Indemnity Professional Indemnity (PI) insurance is an important form ...

read more

Statutory Liability Insurance

... your business get a quote today What is the difference between Professional Indemnity and Statutory Liability Insurance*? These two types of insurance are designed to cover different risks that your business may face ...

read more

How much does Public Liability Insurance cost?

... negotiated with our insurers to combine Professional Indemnity and Public Liability cover which offer much more competitive premiums. It is also important to note that each insurance company assesses risk in different ...

read more

What is Public Liability Insurance?

... damage and injury risks. Fitness Professionals - Personal trainers, yoga instructors and others working in the ... liability and professional indemnity insurance - Public Liability and Professional Indemnity insurance ...

read more

Insurance for Contractors

... Public Liability. Before you start a project, you may want to check the contract to see if there's an insurance obligation that you must meet. Insurance for Contractors Professional Indemnity* Professional Indemnity (PI ...

read more

Insurance for Counsellors

... providing cover for Public Liability, Professional Indemnity, Business Insurance and Cyber Liability for example. Did ... a counsellor. Professional Indemnity insurance* Professional Indemnity (PI) insurance is an important ...

read more

Insurance for Education Consultants

... There are a variety of different business insurance coverages available for educational consultants like Public Liability, Professional Indemnity, Business Insurance and Cyber Liability for example. Did you know? Whether ...

read more

Insurance for Massage Therapy

... business and ruin your reputation. Professional Indemnity (PI) insurance covers you for losses claimed by ... claim or lawsuit could still follow. Public Liability insurance covers you for third-party claims alleging that ...

read more

Insurance for IT Professionals

... respond to the claim. Insurance for IT Professionals Professional Indemnity Insurance Professional Indemnity (PI) insurance provides essential financial protection for IT Professionals against potential losses arising ...

read more

Insurance for Bookkeepers

... cover like Professional Indemnity insurance, Public Liability insurance and various Business Insurance coverage options. Insurance for Bookkeepers Professional Indemnity Insurance Professional Indemnity Insurance is for ...

read more

Insurance for Travel Agents and Tour Operators

... is where Professional Indemnity insurance comes into play. Professional Indemnity (PI) insurance is an ... own Professional Indemnity insurance in place Protect your business today. Public Liability insurance* Interacting ...

read more

Insurance for Recruitment Consultants

... Professional Indemnity insurance* in place If you are out visiting different businesses, you may need to have Public Liability insurance ... Professional Indemnity Insurance for Recruitment Professionals PI insurance ...

read more

Insurance for Immigration Advisers

... is Professional Indemnity insurance. Professional Indemnity (PI) insurance ... Professional Indemnity and Public Liability insurance as an immigration advisor? Professional Indemnity insurance and Public Liability insurance ...

read more

Insurance for Consultants

... are vital. Professional Indemnity insurance* is one of the main types of insurances you may need to consider, as well as Public Liability insurance* and Business Insurance*. Professional Indemnity insurance* is something ...

read more

Insurance for Personal Trainers

... Professional Indemnity insurance becomes an important cover to consider. Professional Indemnity (PI) insurance ... like a council park for example. Public Liability insurance is designed to provide protection for you and ...

read more

Insurance for Architects & Designers

... . It may be wise as an Architect to explore insurances such as Professional Indemnity, Public Liability and Cyber Liability insurance. In the event of a claim, without insurance, you could be left holding the bill for ...

read more

Insurance for Allied Health Professionals

... on your Professional Indemnity & Public Liability cover with our exclusive member rates. Insurance for Allied Health Professionals Professional Indemnity Professional Indemnity (PI) insurance provides essential financial ...

read more

Insurance for Mortgage Brokers

... professional reputation. Professional Indemnity Insurance Professional indemnity insurance protects professionals ... The following are not covered by Public Liability insurance: Employee injuries Damage to your own property ...

read more

Insurance for Real Estate Agents

... the ACC)- this is where Public Liability insurance* can help When you're out ... insurance-part 2: Professional Indemnity insurance https://www.bizcover.co.nz/understanding-insurance-part-two-professional-indemnity-insurance ...

read more

Insurance for Engineers

... , it may be a requirement to have Professional Indemnity insurance* in place If you are working out on site, it may be a requirement that you have your own Public Liability insurance* cover in place. Be sure to also ...

read more

Insurance for Accountants & Tax Agents

... that make you and your business unique are used to help calculate your accountancy insurance, such as Professional Indemnity, Public Liability, and any other policies you decide to buy. Some of these factors include: The ...

read more

Insurance for Beauty Salons

... Professionals, it is compulsory to hold Professional Indemnity insurance. Insurance for Beauty Salons Professional Indemnity ... you to have a particular level of Public Liability cover. How much would it cost to replace ...

read more

Insurance for Designers

... you have a certain amount of Public Liability or Professional Indemnity insurance (or both) in place. Always take ... in the provision of your professional service or advice. PI Insurance will also assist with the legal ...

read more

Insurance for Shop Owners

... even sue you. That's where Cyber Liability insurance can come in handy. It is designed ... professional advice or services you may want to consider Professional Indemnity insurance*. Professional Indemnity (PI) insurance ...

read more

Business Insurance Health Check Part 2

... some of the ones available: Public Liability insurance* : Public Liability insurance is designed to provide protection for you ... activities. Professional Indemnity insurance* : Professional Indemnity (PI) insurance is an ...

read more

Insurance for Mechanics

... Liability insurance when dealing with third-parties to Professional Indemnity insurance for when you give professional ... where Professional Indemnity insurance can provide protection. Professional Indemnity (PI) insurance ...

read more

Understanding Employers Liability Insurance

... unwanted challenges and to be in business for the long run. Things like Public Liability, Professional Indemnity and other Business Insurance options*, help protect different areas of your business. There isn't a one ...

read more

Insurance by Industry

... 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

Turn your side hustle into a small business

... consider Public Liability insurance* . Public Liability Insurance, often referred to as General Liability, gives ... professional advice or services is Professional Indemnity insurance*. Professional Indemnity Insurance (PI ...

read more

Insurance for Sole Traders

... What Insurances Do Sole Traders Need? Professional Indemnity insurance* Professional Indemnity (PI) insurance is ... to the period of insurance Public Liability insurance* Public Liability insurance is designed to provide ...

read more

Insurance for Carpenters

... your professional service or advice. PI Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. What is covered? A Professional Indemnity policy ...

read more

Understanding the risks for Real Estate Agents

... it as soon as the information arises or face possible liability for any issues. For example, if the agent was ... at risk of a claim occurring. Professional Indemnity Insurance can protect you against the risks associated ...

read more

How Accountancy Insurance Protects Your Business

... types of business insurance. Professional Indemnity insurance : Business insurance designed to protect ... payable following a conviction. Cyber Liability insurance : Business insurance that reduces the risks associated ...

read more

How Insurance Can Protect Landscape Architect

... could go on to trade for another day. Public Liability insurance While Professional Indemnity insurance is crucial for landscape architects, many other insurance products can safeguard them from a variety of risks. One ...

read more

Insurance for Psychologists

... , you might consider these types of insurance: Professional Indemnity* Clients trust you to provide them with ... and the hit to your reputation. Cyber liability insurance protects your business against the legal costs and ...

read more

BizCover and NSNZ

... Liability package includes cover for Professional Indemnity, Public Liability, Statutory Liability and Employers Liability. Professional Indemnity ... the process much more pleasurable. Insurance can be very tricky to ...

read more

Business Insurance FAQs

... does public liability insurance cover? Do I need public liability insurance? What is Professional Indemnity Insurance? What does professional indemnity insurance cover? Do I need professional indemnity insurance? What is ...

read more

BizCover and Reflexology NZ

... of your clients; we'll take care of your insurance Reflexologists are in a unique position of trust - the ... includes cover for Professional Indemnity and Public Liability. Professional Indemnity Protects against financial ...

read more

How To Start a Psychology Practice

... managing claims which are covered by the policy. Read more about professional indemnity insurance with BizCover NZ . Public Liability*: Public Liability insurance provides protection for you and your business if a client ...

read more

What Risks Do Psychologists Face?

... their psychology practice. Professional Indemnity* Professional Indemnity insurance covers claims against ... people, that could be similarly hurt. Public Liability insurance provides protection for you and your business if ...

read more

Hair Salon Business Tips

... form of beauty salon insurance. Public Liability insurance is an essential form of insurance for beauty salons as ... type of insurance for beauty salons is Professional Indemnity insurance *. Professional Indemnity cover is ...

read more

What Insurance do Beauty Salons Need?

... . Your employees The people you hire can impact the premiums for some types of insurance. Typically, Public Liability and Professional Indemnity premiums are higher for salons with a larger staff. This is because more ...

read more

Do Hypnotherapists need Business Insurance?

... you acted negligently while treating them. Professional Indemnity insurance covers you for losses claimed by a ... worry about the types of risks that Public Liability insurance covers. However, a patient can be injured or ...

read more

Help Protect your small business' reputation

... and mistakes do happen. Fortunately, Professional Indemnity insurance is designed to protect your business ... be the victim of a cyber attack, Cyber Liability insurance is there to help by providing coverage for expenses ...

read more

BizCover and Massage New Zealand

... of your clients; we'll take care of your insurance Massage therapists are in a unique position of trust - ... Professional Indemnity , Public Liability , Statutory Liability and Employers Liability . Professional Indemnity ...

read more

Why You Should Review Your Business Insurance

... on the type of your insurance. Read the below carefully: Public Liability *: is designed to provide protection ... the provision of your professional service or advice. Professional Indemnity Insurance will also assist ...

read more

Work Smarter as a Massage Therapist

... particularly exposed to this risk. Public Liability insurance is designed to provide protection for ... liable to have a claim made against you. Professional Indemnity insurance can protect you against losses claimed by a ...

read more

How to Market Your Hair Salon Business

... . To be considered a member of the non-profit organisation, you must hold an active Professional Indemnity insurance* policy. Professional Indemnity cover is designed to protect your business against negligence or ...

read more

Reviews related to Professional Indemnity Liability Insurance

  • 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

What does insurance for
Professional Indemnity cover?

  • Damages and claimant costs
    awarded against the insured
  • Legal and defence costs
  • Claims investigation costs
  • Inquiry attendance costs
  • Public relations costs
  • Intentional damage
  • Known claims and circumstances
  • Fraud and dishonesty
  • Bodily injury / property damage

Compare and Buy Insurance Online

No Hassle, No Paperwork, No Delay

A quantity surveyor went to an onsite meeting and misunderstood the verbal description and specifications of the building project. When the time came to pay, the estimate was out by many thousands of dollars.

The Project Manager looked to the quantity surveyor who had made the error and asked him to pay for the variation of cost. The surveyor’s insurer and made a quick settlement offer.

The potential liability in this case was greater than the fees actually earned for the job. Remember, a $1,000 fee contract can potentially generate millions in liability if something goes wrong.**

Could this happen to your business?
While we may strive for perfection, making mistakes is a part of the human condition. But since your clients rely on your advice, a mistake in your line of work could be costly. Professional Indemnity Insurance allows you to cover yourself if, and when, you do slip up in your day-to-day operations.

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.

Why choose BizCover?

As one of New Zealand’s leading online SME business insurance platform, our task is to make Professional Indemnity insurance a stress-free experience. But if you are still not convinced, here are a few other reasons why you should choose BizCover for your PI Insurance.


10,000 Small Businesses
We have helped already… and counting.


Compare Quotes
Our platform is designed to help you compare quotes and get the right cover you need


Built for Small Business
We know insurance and what makes small businesses tick.


No Jargon
We’re not fans of complicated insurance speak, so we talk to you in plain English.

Hear from our customers

How it works?

4 easy steps to get covered and secure your business at BizCover

Select your occupation

Enter your business details

Compare & select quote

Get covered In 5 minutes

Frequently asked questions

It’s a common misconception that Professional Indemnity insurance is only for accountants or, lawyers.. While these professions often do require PI cover, there are many fields that may need the protection Professional Indemnity insurance provides. If your job directly involves providing your professional advice or service, you have a duty of care to your customers.
An example of some professions that may require PI cover are: health practitioners, IT contractors, management consultants, accountants and real estate agents among many others.

Professional Indemnity cover may be necessary for:

  • Anyone who provides paid professional advice or services to any business or individual
  • Contractors who work for the government or other organisations whereby insurance is mandatory as a condition of the contract

The cost of Professional Indemnity insurance depends on a number of key factors including:

  • The type of business you operate
  • Your business size and turnover
  • The amount of insurance cover you require
  • The individuals being covered – are they qualified for the job they are performing
  • Previous claims history

The simplest and most accurate way to find out how much a Professional Indemnity policy would cost for your business is to compare quotes to cover your business and its unique insurance needs.

Public Liability insurance protects you and your business against the financial implications if you are found liable for loss or damage to other people’s property, or cause illness or injury that is not covered by the Accident Compensation Commission (ACC).

Professional Indemnity Professional Indemnity (PI) 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 will also assist with the legal costs associated with responding to or managing claims which are covered by the policy.

Like other insurance policies there are a number of important conditions and obligations under your insurance contract that you need to understand.

Professional Indemnity insurance is issued on a ‘claims made and notified’ basis, meaning the policy responds to claims first made against the insured during the active policy period, and notified to the insurer during the policy period. In a nutshell for a claim to be considered, your policy must have been active at the time the allegation was made against you, and when the claim is lodged.

One of the vital conditions of a Professional Indemnity policy is that you may be required to give information around any circumstances that may give rise to a claim to your insurer. You have an obligation to inform your insurer as soon as practically possible once you become aware of any situation which could possibly result in a claim.

Failure to notify your insurer as soon as reasonably possible could lead to your claim being denied. So, even if you’re unsure whether it’s worthy of letting them know or not, it’s in your best interests to do so.

Have a question? Here to help

Visit our Contact Us page, where you can find out how to get in touch with one of our business insurance professionals.

Sales Team Enquiry
0800 249 268
Regular Hours:
Mon – Fri 9:00 AM – 9:00 PM | Sat 11:00 AM – 7:00 PM

You can also access quick links to our self-service portal, where you can download your Certificate of Currency, update your payment details, amend your cover and download your policy documents.

*This information is a general guide only and does not take into account your objectives, financial situation or needs. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice. BizCover Limited is owned by BizCover Pty Ltd (ABN 68 127 707 975)*

* The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. Cover for a claim will depend on the specific circumstances around the loss and would be subject to the terms and conditions of the policy concerned. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained in this article is general only. Coverage for claims on the policy will be determined by the insurer, not BizCover, and will depend on the specific facts and circumstances involved.

Compare and Buy Insurance Online No Hassle, No Paperwork, No Delays!

Compare and Buy Insurance Online
No Hassle, No Paperwork, No Delays!

Popular Searches