Business Insurance

Professional Indemnity Insurance

Everyone makes mistakes, but that doesn’t mean your whole career has to cop it. At Co-Pilot Finance & Insurance, we’ve got your back with professional indemnity insurance. It’s there to help cover legal costs and claims if your advice or service lands you in hot water.

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Ensure your business’ reputation, assets, and brand are protected.

What is Professional Indemnity Insurance?

If you’re in the business of giving advice or offering professional services, professional indemnity insurance covers you if a client reckons you’ve stuffed up, like a mistake, oversight or bad advice that cost them money or caused harm.

It helps cover legal costs and any payouts if things go south, so you’re not left footing the bill, and you can keep doing your thing without major disruptions.

How Does Professional Indemnity Insurance Work?

If a client makes a claim, your professional indemnity insurance helps cover your legal defence, and any settlements or payouts you’re ordered to make. Even if the claim comes in after the policy period, you’re usually still covered for stuff that happened while you were insured. It’s peace of mind so you can work with confidence, knowing you’re covered if things go wrong.

What’s Included in Professional Indemnity Insurance?

Here’s what you can usually expect from a professional indemnity insurance policy:

  • Civil Liability: Covers legal responsibility for stuff-ups in your professional work.
  • Inquiry Costs: Helps with the cost if a regulator investigates your work.
  • Defence Costs: Pays for lawyers and court fees if you need to defend a claim.
  • Fidelity Cover: Protects you if one of your staff does something dodgy that hits your business financially.
  • Extra Costs & Expenses: Covers additional costs that pop up while you’re dealing with a claim.

Who Should Consider Professional Indemnity Insurance?

If you give advice, offer professional services or call yourself an expert, this one’s for you. It’s especially important for:

  • Consultants – Management, IT, education, you name it. If your advice matters, so does your cover.
  • Healthcare providers – From doctors to therapists, claims of malpractice are no joke.
  • Architects & Engineers – One small error on a big project can cost a fortune.
  • Accountants & Financial Advisors – A tax slip-up or dodgy advice can lead to some seriously cranky clients.
  • Lawyers – Even legal eagles need a safety net if a case doesn’t go to plan.

It’s not just about the money; it’s about protecting your reputation and keeping your business on track.

Why Choose Co-Pilot Finance and Insurance for Professional Indemnity Insurance?

At Co-Pilot, we know the risks that come with professional work, and we’re here to help you handle them like a pro.

  • Tailored Cover: We don’t do cookie-cutter policies. We’ll find something that actually fits your business.
  • Support When You Need It: Our team’s got your back with expert help during the claims process and tips to manage risks.
  • Fair Pricing: We keep it competitive without cutting corners on coverage.
  • Fast Claims Handling: No dragging things out. We’ll help sort things quickly so you can get back to business.
  • Trusted Name: People count on us because we’re reliable, easy to work with and genuinely care about getting it right.

In regard to property loss – Industrial specialised risk typically covers:

Asset replacement

Regulatory Fees

Damages

Fire expenses

Fees

Accessory replacement

Valuables

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1300 673 171

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I was going to send an email but it had to be a call – thank you so much for the hard work and effort that you put in for me. The advice that you gave and I’m very appreciative of that. Thank you so much.

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We had a great experience with Co-Pilot, thank you for the pushing to get this over the line very quickly.

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Martin’s attention to detail, efficiency and service standards were maintained at the highest level for the settlement of my car purchase during the Christmas period.

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