May 22, 2019

Short term professional indemnity insurance explained

You are a freelance Contractor and have just won a 6 month project tender. The contract for this tender requires you to have a $2m professional indemnity insurance policy in place. Do you only need to buy a short term pi policy? No, this is one of the most common […]
May 13, 2019
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What Exclusions do Professional Indemnity Policies have?

What Exclusions do Professional Indemnity Policies have? Many people think that their professional indemnity policy will cover all of their liabilities. A word of warning, it won’t because all policies contain exclusions. Furthermore, on average professional indemnity policies contain about 20 standard exclusions.  To help understand these exclusions we have […]
May 3, 2019

How much does professional indemnity cost?

How much does professional indemnity insurance cost? Simply go to FD Beck’s online calculator. All you need to do is answer a handful of questions to get your obligation free professional indemnity quote. However, we are often asked – “How do the answers to these questions determine my professional indemnity […]
April 30, 2019
What is the difference between Professional Indemnity vs Public Liability Insurance?

What is the difference between Professional Indemnity vs Public Liability Insurance?

I would love a dollar for every time I have been asked, “what is the difference between Public Liability & professional indemnity insurance”? Put simply, Professional Indemnity Insurance (also known as PI Insurance) covers losses arising from you providing professional services or advice to a client. If you are asking […]
April 26, 2019

Three things to look for when comparing Professional Indemnity Insurance

Many business owners fall into the dangerous trap of only comparing Professional Indemnity Insurance purely on a ‘price’ basis. Typically, people will look for a ‘compare the Professional Indemnity market’ type website. After all, often businesses are only purchasing PI Insurance because they’re entering a contract that requires them to […]
April 17, 2019

Why do I need professional indemnity insurance?

Many people ask, “why do I need professional indemnity insurance”? Well, Professional indemnity insurance protects your business’ reputation. In fact, it does this, well before a dispute reaches court. In this way, it is providing legal and reputational defence costs. In fact, there are many advantages in having PI insurance. […]

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