Insurance Products - Professional Services Insurance

Professional Services Insurance

‘Professional services’ term within insurance is a broad term which extends to include an A-Z list of professionally trained service providers. These providers can include, accountants, architects, building designers, engineers, financial planners and general practitioners, just to name a few.

As we all know, in Australia, some professionals must have the required insurance in place. This is to ensure you’re protected against any unwanted claims that will be made against you in your line of work.

Learn how EWIB can help you

We understand that, while you don’t wish for anything negative to happen to your work, there’s a chance that it may – and while you don’t want to hope for the worst, you certainly can plan for it. Professional services insurance exists to protect you; the hard-working professionals.

At East West Insurance Brokers, we work with you to provide the most suitable insurance cover to save you from spending your hard-earned money should you incur legal costs. After all, a claim can come from something as harmless as providing the wrong information or advice, and if your line of work sees you working with a range of clients across various mediums, there’s every chance that you could accidentally slip up.

Insurance policies we can assist you with:

Professional Indemnity

This insurance cover is designed for professionals who provide advice or services to their clients.

Cover options include:

  • Civil Liabilities
  • Public Relations Costs
  • Legal & Defence Costs
  • Claims Investigation Costs
  • Injury & Property Damage

Cyber Protection

This insurance cover protects your business’ income, reputation and information in the event of a cyber attack.

Cover options include:

  • Privacy Breach
  • Business Interruption
  • Privacy Fines & Investigation
  • Privacy Breach Notification & Loss Mitigation

Management Liability

This insurance cover protects executives against breaches or alleged breaches of duty.

Cover options include:

  • Defence & Legal Costs
  • Directors & Officers Liability
  • Entity Cover
  • Statutory Liability
  • Employment Practices Liability
  • Crime

Business Package

This insurance package provides a wide range of business insurance protection and allows you to tailor the cover suitable for your business.

Cover options include:

  • Theft | Money | Glass
  • Business Interruption
  • Property Damage
  • Public & Products Liability
  • Transit
  • Electronic Equipment Breakdown
  • Machinery Breakdown
  • General Property
  • Tax Audit
  • Employee Dishonesty

Motor Vehicle (Commercial, Heavy, Fleet, with Trailer)

This insurance cover protects for loss or damage to your vehicle(s), as well as damage to third party vehicles and property.

Cover options include:

  • Comprehensive Motor
  • Third Party Liability
  • Windscreen Replacement
  • Rental Vehicle following an accident
  • No Claims Bonus Protection

Why Is Professional Services Insurance Important?

It’s always important to understand the type of coverage you need and what the available options are for your business. In the professional services industry, we understand that if you provide your clients with professional service or advice, you’ll need to acquire a special business insurance policy. Just like your clients, you too deserve the benefits of professional advice.

It’s extremely important that, if you provide advice or services in your work, you’ll need to ensure protection for yourself and your business against claims of professional misconduct. If underinsured or uninsured, you may leave your business exposed to major financial and unwanted legal risks. With that in mind, having the required insurance policies in place will leave you with peace of mind.

Our mission is to help and support you in the event of a distasteful situation. Whether you’re protecting your business from a negligence claim, damage to your premises, damage or loss relating to work transport or protecting your business against breaches, it has never been more important to work out the insurance requirements for your business.

How Confident Are You that Your Insurance Risks are Adequately Covered?

East West Insurance Brokers aim to arrange the most appropriate cover for you by providing tailored solutions to suit your business needs. We will also support and assist you, in the event of a claim.

Speak to us to ensure your business is protected with appropriate professional services insurance today.

*Please note all insurance policies have exclusions. Please refer to the Product Disclosure Statement or Policy Wording before deciding whether the insurance policy meets your needs.

Have a Question?

Get in Touch.

We would be very pleased to answer your questions and assist you to secure cost-effective and risk-effective insurance.

If you would like to discuss any of these fields or would like to get started with us as your insurance broker, feel free to give us a call on 1800 809 132 or get in touch online.

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