
This policy covers the legal liability to compensate third parties, including incurred legal expenses, who have suffered financial losses due to a breach or alleged breach of professional duty by the Insured or their employees.
Professional indemnity (PI) insurance is designed for businesses and individuals who provide professional advice. It protects your business against the legal expenses and claims by third parties for damages arising from acts, omissions or breaches of professional duty in the course of your business.
This is a brief overview of the coverage only, for comprehensive details on covers, please refer to your Product Disclosure Statement (PDS) / Policy Wording. A PDS is available from us.
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