Professional Indemnity Cover

For an additional cost, you can insure against Professional Indemnity relating to Financial Loss claims made against you from the teaching of your approved performing activities.

• This policy covers members for financial loss claims relating to teaching of your specified performing activities.
   
• This is a claims made policy. Except as otherwise provided, this policy only covers claims first made against you during the period of cover.
   
• The policy does not cover acts, errors or omissions allegedly committed prior to the start date of the specific members cover under this policy.
   
• The policy limit is $10,000,000 any occurrence and $20,000,000 in the aggregate (shared by all members) during the period of insurance. This sum insured is the requirement of some government schools engaging contractors.
   
• The policy excess is $500 all claims (inclusive of defence costs).
   
• Cover is world-wide excluding USA & Canada (policy is governed by Australian Law)

For further detail on the Professional Indemnity policy, please refer to the Policy Wording and Schedule located in The Official Bits.

View the rate here.