indemnity insurance NorcrestProfessional indemnity insurance is designed for professionals who provide advice or services to their customers. The Norcrest policy protects your business against legal costs and claims by third parties for damages arising from acts, omissions or breaches of professional duty in the course of your business.

If you are in the “advice” business you need to protect your business with a top quality Professional Indemnity policy....call us now and ensure you do not suffer financial loss defending your business against malpractice, negligence, breach of duty and misconduct.

download PDS Professional Indemnity Insurance NorcrestWe have specialist policies to suit different specialist professions eg Accountants, Consultants, Designers, Engineers, Real Estate and many more. Rely on Norcrest for the correct advice.

Call us now no matter where you conduct your business...we are located in Adelaide but service companies Australia wide.

DO YOU GIVE ADVICE?  What does it Cover?

Professional Indemnity protects you against legal costs and claims for damages to third parties which may arise out of an act, omission or breach of professional duty in the course of your business.

Cyber Extension cover is available within the PI product for protection against hack attacks and extortion. Ask us for the details.

These optional extensions are available should you need same. Just ask us and we can quote these extension covers for you at the same time we quote you the standard cover.

Levels available range between $250,000 and $10 million.

When an excess is described as “Costs Exclusive”, then the excess will only apply to the actual settlement of a claim as opposed to a “Costs Inclusive” excess which means the excess applies to both the legal costs and the settlement and is paid initially.

The benefit of a “Costs Exclusive” excess is in the timing…...it gets paid at the time of settlement. Should the claim be successfully defended and there is no settlement then no excess is then payable normally.

If the Sum Insured is exhausted by Loss or Claims the sum insured is reinstated once only during the policy term. It is possible to reinstate more than once for an extra cost and dependent on the profession the Insurers may quote multiple reinstatements. Ask us and we will explore the possibilities for you.

Yes we have wordings for Accountants, Consultants etc. Ask us if you have special needs.

 

Norcrest Insurance Agencies
First Floor, 15 Maple Avenue
Forestville Adelaide SA 5035
P: +61 8 8272 4999
F: +61 8 7221 2093
E: sales@norcrest.com.au