Examples of Professional Indemnity Claims

These scenarios highlight the importance of understanding professional indemnity policy exclusions to ensure you are adequately covered for the risks unique to your profession. Anyone in a professional role must recognise who needs professional indemnity insurance in Australia—from consultants and designers to tax agents and beyond.

When considering professional indemnity insurance costs, remember that the price of coverage can depend on various factors including your profession, the size of your business, and your claims history. Knowing professional indemnity claims to know can help you better understand the typical risks faced by professionals in your field and how PI insurance can mitigate these risks.

For tailored professional advice on PI insurance and to see if you’re one of more than 150 occupations we cover, visit the FD Beck website. For over 100 years, FD Beck has protected Australians, ensuring that professionals across numerous fields can operate with peace of mind.