What types of claims are covered in a professional
indemnity policy?
Professional negligence claims are covered by Professional
Indemnity insurance. Claims for wrongful advice or faulty designs are common
examples of Professional Indemnity claims. A frequent example is an architect,
who makes a mistake on a building plan, resulting in a property being built
incorrectly or in the wrong place. Another example is a financial consultant,
giving incorrect advice to one of their clients, which leads to them suffering a financial
loss.
For many businesses, Professional Indemnity insurance is a must-have. For an obligation free quote or review of your insurance requirements, contact the friendly and knowledgeable staff at Westralian Insurance.
Call (08) 9302 1388 or visit www.westralianinsurance.com.au