Professional Indemnity Insurance protects your business if a client claims your advice or service caused them financial loss. Whether you offer consultancy, design, or any other professional service, this insurance covers legal fees and compensation, helping you focus on your work without worrying about potential claims.
About PROFESSIONAL INDEMNITY INSURANCE
At Dunk Insurance, our Professional Indemnity Insurance can be tailored to fit the specific risks associated with your profession. Whether you offer consulting, legal advice, or technical services, we provide coverage to protect you against claims of negligence, errors, or omissions.
Operating in a professional capacity comes with risks that can impact your reputation and finances. Professional Indemnity Insurance offers peace of mind, ensuring you’re safeguarded against potential legal costs and compensation claims that could arise from your professional advice or services.
We bring over 40 years of experience in safeguarding professionals across various industries. Specialising in Professional Indemnity Insurance, we provide tailored coverage to protect your business from claims of negligence, errors, or omissions.
With a deep understanding of the unique risks professionals face, we offer more than just policies; we offer peace of mind. Our commitment to personalised service ensures you get the right protection for your specific profession, allowing you to focus on your expertise without worry.
Mistakes can occur in any profession, whether through incorrect advice or service oversights. Professional Indemnity Insurance shields your business from the financial impact of claims arising from negligence, covering legal fees and compensation costs.
A dissatisfied client may claim your services caused them financial harm. Professional Indemnity Insurance shields your business from liability claims, covering legal expenses and settlements, allowing you to focus on running your business while we handle the risks.
If a claim of professional negligence temporarily disrupts your operations, Professional Indemnity Insurance ensures your business can continue with minimal interruption. This vital coverage provides peace of mind, knowing that legal and financial hurdles won’t halt your services.
Your reputation is crucial to your success. Professional Indemnity Insurance not only covers financial losses but also helps protect your professional standing by ensuring any claims are handled quickly and efficiently, preventing long-term damage to your business image.
Contact our claims support team immediately to report the incident
Have your policy number and details of the incident ready.
Our team will assess the claim and guide you through any necessary documentation.
We aim to resolve claims swiftly, keeping you informed at every step.
For claims support, call us at (02) 6382 7447 or reach out to your local Dunk agent.
Professional Indemnity Insurance protects businesses and professionals who provide advice or services from claims of negligence, errors, or omissions. It covers legal defence costs and any compensation that may arise from such claims, helping to safeguard your reputation and finances.
Any business or professional offering services or advice to clients, such as consultants, architects, accountants, and IT specialists, can benefit from Professional Indemnity Insurance. In some industries, it’s a legal or contractual requirement.
It covers legal expenses, court fees, and compensation costs that arise from claims of professional negligence, errors, breaches of duty, or misleading advice. It may also cover unintentional defamation, loss of documents, or breach of confidentiality.
In some industries, such as law, accounting, and healthcare, regulatory bodies or professional associations require professional indemnity insurance. However, even in industries where it’s not mandatory, mitigating the risk of costly claims is highly recommended.
The cost depends on various factors, including the nature of your profession, the size of your business, your claims history, and the level of coverage you choose. High risk industries or businesses with a history of claims may face higher premiums.
Professional Indemnity Insurance covers claims related to your advice or services, while Public Liability Insurance covers claims for injury or property damage caused by your business operations. Both are important, but they cover different risks.
The amount of coverage you need depends on the size of your business, the value of your contracts, and the risks associated with your profession. You should also consider any minimum coverage requirements set by your industry or clients. Speak with a Dunk insurance specialist, who can recommend an appropriate amount of Professional Indemnity Insurance for which you should be protected.
We appreciate you getting in touch with us and will endeavour to get back to you soon. If your enquiry is urgent, please give us a ring: (02) 6382 7447
Or alternatively, you can email us directly: young@dunkinsurance.com.au
Have a wonderful day and we look forward to speaking with you soon.
- Dunk Insurance
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