Policy

Realcover knows what agents need and provides a tailored insurance solution

 

Policy features

Realcover offers professional indemnity insurance policies from $1 million to $10 million, which includes:

  • $500,000 Employment Practices Liability cover
  • $250,000 Statutory Liability cover
  • $250,000 Fidelity cover (this sub-limit will reduce to $100,000 if a ‘cost inclusive’ Limit of Indemnity is selected)
  • $100,000 Cyber Liability cover
  • $250,000 Costs of Inquiries cover
  • $100,000 Public Relations Expenses
  • Full limit of Indemnity for Loss of Documents
  • Two (2) reinstatements of your chosen limit of indemnity
  • Options for Costs Exclusive or Inclusive of your chosen Limit of Indemnity and Policy Excess
  • Unrivalled claims handling process and access to a free Legal Consultation Hotline to obtain free advice regarding the onset of a potential professional indemnity circumstance.
  • 7 Years free run-off cover (subject to being with Realcover for 2 or more consecutive years subject to Nil incurred claims OR 3 or more consecutive years)

This insurance is administered by Jardine Lloyd Thompson. JLT acts as the insurance intermediary in distributing this product for the underwriter, QBE Insurances (Australia) Ltd.

This policy is written on a "claims made" basis. This means that the policy provides (subject to its terms and conditions) cover for claims that are made against you and notified to the insurer during the period of cover, irrespective of the date when the cause of action may have occurred.

Contact Realcover for a quote

When it's time to renew your professional indemnity insurance policy, contact Realcover for an obligation free quote.

Call 1800 990 312 or fill in this form and Realcover will contact you.