Professional indemnity insurance may help cover:
- Settlement judgements
- Claims investigation costs
- Defence costs
- Breach of duty
- Intellectual property
- Breach of privacy or confidentiality
- Defamation
- Lost or damaged documents
- Negligence.
Professional indemnity insurance may help cover:
Professional indemnity insurance typically can’t cover:
Existing circumstances
Intentional damage
Contractual obligations
Bankruptcy.
The professional indemnity cover you’ll need will vary based on a number of factors, such as:
For advice specific to your business, contact our team of experts.
‘Claims made’ is a term used to describe an insurance policy that covers claims during the policy term – not necessarily when the alleged incident occurred.
This is because advice or service errors in many professions are often discovered weeks, months, or even years after the mistake was made.
Therefore, a professional indemnity policy – or 'run-off' policy – must be in place for a claim to be met by an insurer.
This policy also applies to changes to the limit of indemnity.
Our team can provide support and proactively guide clients through the claims process.
Contact your Marsh representative to assist with lodging a claim.
Looking for user-friendly insurance that covers your design business's unique risks and needs? We can help.
In marketing, strategy is key. Consider a strategic approach to your insurance – let the industry experts arrange yours.
Your clients know the value of your time. Why not free up some more? Let us arrange comprehensive insurance for you.
Whether you’re online or in-store, let Marsh service your insurance needs – so you can stay focused on your customers.
Let Marsh cater to your industry’s unique insurance needs – so you can keep your focus on the celebrations.
You’re an expert in your field. We’re experts in ours. Let Marsh arrange professional services cover tailored to you.
*Subject to terms, conditions and exclusions of the policy.
LCPA 23/150
Marsh Ltd (NZBN 9429040918792)(“Marsh”) arranges insurance and is not an insurer. This webpage contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire the product, refer to the specific policy wordings and/or product disclosure statements available from Marsh on request.