You see, 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 broken them down into categories.
In conclusion, not all professional indemnity insurance policies are the same. Therefore, when comparing policies, don’t just focus on the cost. Our advice, check the Exclusions that apply to your quote. To find out what is and more importantly what isn’t covered under the pi insurance policies, simply go to FD Beck’s online professional indemnity online calculator.
FD Beck’s online professional indemnity online calculator . Answer a few simple questions to get your instant online quote. Our online calculator has almost 150 professional occupations to choose from.
For over 100 years, FD Beck has protected Australians. Rest assured, we have the knowledge and expertise to handle every aspect of your insurance needs.