Professional Indemnity Insurance

What Is Professional Indemnity Insurance?

Professional Indemnity insurance responds to claims for breach of professional duty or negligence resulting in financial loss.

The cost of defending a claim can be very significant, whether or not the claim is justified and full cost recovery against the claimant is unlikely.

What Is Covered By Professional Indemnity Insurance?

Professional Indemnity Insurance covers: 

- The cost of claims for compensation that the business is legally liable to pay,

- The costs of defending the claim. 

Who Needs Professional Indemnity Insurance?

Anyone whose business is to provide their opinion, advice or other professional services to their clients.

 

Core customers for Professional Indemnity insurance include:

  • Lawyers

  • Doctors

  • Accountants

  • Engineers

  • Architects

  • Consultants

  • Valuers

  • Brokers

  • Investment Advisers

  • Real Estate Agents

Next Step?

Talk to us today to assess your Business Insurance needs - we look forward to hearing from you.

Tel: 0800 161 831

E: info@genesisadvice.co.nz

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Building 4, 195 Main Highway,

Ellerslie,

Auckland.