WHAT IT COVERS
As a Professional your business is based on your technical expertise and the advice you provide your clients. Unfortunately, when things go wrong often times people will look to blame someone for the mistake or error that may have occured and seek compensation for the error. Professional Indemnity Insurance is often perceived as an expensive and unnecessary overhead, however it's all about protecting your company's assets when things do go wrong. Professional Indemnity claims can be expensive and often require substantial time dedicated to preparing a defence or negotiating a settlement. Court awards and the cost of litigation have risen sharply in recent years and Professional Indemnity Insurance can be one tool in your Company's arsenal to preserve the financial security of your business in the event of a third party claim for breach of your professional duty, breaches of contract, Copyright, Trade Practices and other issues .
At Imalia our Professional Advice & Services policy provides comprehensive cover for many varied professions.
|
Professionals Covered By Imalia's Professional Advice & Services Policy |
|
Business and Management Consultants |
|
Designers |
|
Recruitmant Consultants |
|
Agricultural Consultants |
|
Environmental Advisers |
|
Health & Safety Consultants |
|
Trainers |
|
Marketing and Publishing professionals |
|
Planners |
|
Notaries |
|
Energy Consultants |
|
Will Writers |
|
Other miscellaneous risks with a professional services exposure to third parties. |
|
Key Features Of Imalia's Professional Advice & Services Policy Include |
|
Breach of professional duty insurance clause |
|
One automatic reinstatement as standard |
|
Cover for legal costs incurred in attending Coronial Enquiries, Disciplinary Hearing and Occupational Health and Safety Proceedings |
|
Dishonesty of employees |
|
Joint venture liability |
|
Loss of documents |
|
Cover for newly created or acquired subsidiaries |
|
Prior corporate entity cover |
|
Trade Practices cover |
|
Bodily injury and property damage coverage on a negligence basis |
|
Libel and slander |
|
Infringement of copyright |
- The information on this website does not take into account your personal financial situation, needs or objectives. Therefore, before you decide to buy a product arranged by Imalia or keep a similar product you already hold, it is important that you consider the relevant Product Disclosure Statement to make sure that the product is appropriate for you.
