MBJ INSURANCE SOLUTIONS
  • Home
  • About Us
    • Client Testimonials
    • Links
  • Services
    • Insurance Products
    • TravelCard Insurance
    • Claims Services
    • Cordell Residential Calculators
    • Risk Management
    • Quote
    • Payment Options
  • Contact us
  • locations
    • Sunshine Coast - Head Office
    • Brisbane
  • Blog

BLOG

Professional Indemnity

10/5/2016

0 Comments

 
Picture
Professional indemnity insurance protects a business and its employees when they are sued for an act, error or omission in relation to the provision of professional services. Complicated legal issues relating to professional indemnity can result in the professional incurring significant legal costs in protecting their business and their professional reputation. A Professional Indemnity Insurance policy provides protection for the professional against those costs and the resultant impact on their business and their livelihood.


 Types of claims
  • Professional indemnity claims arising out of the provision of professional services
  • Libel, slander or defamation against a third party
  • Loss of client documentation
  • Legal liability for damages and claimants' costs/expenses arising from an act, error or omission/civil liability of the "company's" employees
  • Wrongful or inadequate advice to a third party
  • Acting without proper instructions or failure to act in accordance with the third party's instructions
  • Failure to advise third party
  • Breaches of Trade Practices Act/Fair Trading Legislation - eg misleading or deceptive conduct
  • Breaches of statutes - eg Corporations Law, Uniform Consumer Credit Code. 


Contact us today so we can arrange a quote for you.
0 Comments



Leave a Reply.

    Authors

    Billie-Jo McDougall or
    Renee Papastergou

    Archives

    November 2016
    August 2016
    June 2016
    May 2016
    April 2016

    Categories

    All

    RSS Feed

MBJMCD Pty Ltd ATF MBJMCD Trust (ABN 64 884 612 377) T/As MBJ Insurance Solutions
is an Authorised Representative 331416 of Ausure Pty Ltd (ABN 94 096 971 854): AFSL 238433
Website Terms of Use   |   Our Privacy Policy   |   Financial Services Guide   |   Code of Practice   |   Complaints Handling   |   Disclaimer
© COPYRIGHT 2015. ALL RIGHTS RESERVED.
Photo used under Creative Commons from chuck4x5
  • Home
  • About Us
    • Client Testimonials
    • Links
  • Services
    • Insurance Products
    • TravelCard Insurance
    • Claims Services
    • Cordell Residential Calculators
    • Risk Management
    • Quote
    • Payment Options
  • Contact us
  • locations
    • Sunshine Coast - Head Office
    • Brisbane
  • Blog