Professional Indemnity and General Liability Insurance

Professional Indemnity

Protects the Insured against civil liability for compensation & costs arising from any claim made within the territorial limits and within the period of insurance arising out of a breach of professional duty.

Limit of Indemnity

Choice of Limits of AUD $1,000,000, AUD $2,000,000, AUD $5,000,000 OR AUD $10,000,000. The LIMIT OF INDEMNITY is to be applied as an aggregate limit in respect of all CLAIMS arising from one or the same source or originating cause. One Reinstatement of the Limit of Indemnity automatically included.

Territorial Limits

Worldwide excluding USA and Canada and their dominions or protectorates.

Governing Law and Jurisdiction

The law of Australia shall govern this Policy and the parties agree to the exclusive jurisdiction of competent courts in the Commonwealth of Australia with respect of any dispute or difference arising.

Automatic Extensions

1. Breach of Contract
2. Competition and Consumer Act and other Legislation
3. Loss of or damage to Documents
4. Indemnity to Present or Former Partners, Principals, Directors and Employees
5. Defamation, Libel and Slander
6. Dishonesty
7. Infringement of Intellectual Property Rights
8. Contractors – Vicarious Liability
9. Severability
10. Run Off Cover
11. Enquiry Costs
12. Emergency First Aid
13. Privacy Complaints
14. Fidelity
15. Legal Panel

Excess

NIL each and every claim costs exclusive.

Conditions

As per Section 5 & 6 of the policy wording.

Exclusions

1. Previously known claims or circumstances
2. Trading Losses and Insolvency
3. Nuclear Risk
4. War and Terrorism
5. USA & Canada
6. Fines, Penalties, Punitive, Multiple or Exemplary Damages
7. Liability arising out of Employment
8. Directors & Officers Liability
9. Contractual Liability
10. Health Care/Skin Penetration
11. Laser / Intense Pulse Light
12. Spinal Manipulation
13. Intoxicants and Drugs
14. Fraud, Dishonesty or Criminal Act
15. Provision of Medication
16. Medical Practitioners Activities

Public/Products Liability

Protects the Insured against Bodily Injury and/or Property Damage from any claim made within the territorial limits and within the period of insurance

Limit of Indemnity

Choice of Limits of AUD $10,000,000 or AUD $20,000,000. The LIMIT OF INDEMNITY is to be applied as an aggregate limit in respect of all CLAIMS arising from one or the same source or originating cause. One Reinstatement of the Limit of Indemnity automatically included.

Territorial Limits

Worldwide excluding USA and Canada and their dominions or protectorates.

Governing Law and Jurisdiction

The law of Australia shall govern this Policy and the parties agree to the exclusive jurisdiction of competent courts in the Commonwealth of Australia with respect of any dispute or difference arising.

Automatic Extensions

1. Severability
2. Trade Fairs, Shows and Markets
3. A-Frames outside the Insured Premises
4. Plate Glass (Excess $500)

Excess

Nil each and every claim costs exclusive.

Conditions

As per Section 5 & 6 of the policy wording.

Main Exclusions

1. Previously known claims or circumstances
2. Nuclear Risk
3. War and Terrorism
4. Pollution or Contamination
5. Asbestos or Toxic Mould
6. USA & Canada
7. Health Care/Skin Penetration
8. Laser / Intense Pulse Light
9. Spinal Manipulation
10. Intoxicants and Drugs
11. Motor Vehicle, Aircraft and Watercraft
12. Recall, Repair or Replacement
13. Medical Practitioners Activities
14. Provision of Medication

For full policy exclusions, please refer to the policy wording.