If your business is held responsible for delivering inadequate advice or services that cause your client to lose money, would you be able to pay the legal costs of defending a claim? Professional indemnity (PI) insurance will cover these costs and provide protection should your business be liable for any compensation payable to your client.
We can arrange the right professional indemnity cover to protect you, your business and its reputation.
You'll benefit from a 10% discount if you have an Executive membership. Trade and Individual members will receive a 5% discount on the cost of your insurance*.
*Discounts are not available in all circumstances and are subject to minimum premiums. Discounts apply when a Costco member becomes a new client of Marsh Commercial or when an existing Marsh Commercial client takes out an additional policy to their initial policy. Discounts do not apply on policy renewals for existing Marsh Commercial clients. Existing Marsh Commercial clients who change insurer at renewal stage are also exempt from a discount. Discounts do not apply to all insurers and only to certain small business insurance products, which meet the insurers standard criteria.
Through your Costco membership, you may receive a discount on the premium you are charged when you take out a business policy as a new customer of Marsh Commercial. To validate your entitlement to this discount, Marsh Commercial needs to share your membership number with Costco to confirm your Costco membership and the level of that membership.
Need specialist advice on your professional indemnity insurance requirements, managing your risk or an instant professional indeminity insurance quote? We're here to help.
We offer advice and find the right insurance package that suits your needs – because we take the time to understand your business.
As part of our professional indemnity package we can arrange the following areas of cover, depending on your business needs.
'costs-exclusive' excess
'each and every' claim limits, no aggregates
excess (i.e. not deductible)
full 'civil liability' insuring clause
acquisitions
costs of court attendance
defence costs in addition to limit (i.e. not eroding)
directors and officers
employers liability
embedded machinery breakdown
fidelity
legal defence (i.e. costs other than "defence costs")
liabilities under guarantees/warranties
loss of documents
mitigation costs
ombudsman awards
personal accident
product liability
professional indemnity
property
public relations costs notification
**As with all insurance policies, standard and optional covers may vary.
Let us review your existing professional indemnity insurance, and we'll compare the cover, service, and price you're paying with what we can arrange. As well as seeing if you're missing out on enhanced covers and benefits, our FREE no-obligation PI insurance check could potentially save you money.