Why should you choose Marsh to arrange your insurance solutions?
A number of different factors may influence the cost of professional indemnity insurance, such as the service provided, company size and revenue.
When requesting a quote, make sure the declared value of your business is accurate so we can arrange the correct premium and cover for you.
Professional indemnity insurance covers up to $10 million. Public liability insurance covers up to $20 million.
‘Claims made’ is a term used to describe an insurance policy that covers claims that are notified during the policy term. This may not necessarily be the same period in which the accused incident or error resulting in the claim occurred.
Professional indemnity policies provide a 'claims made' basis of cover because advice or service errors in many professions are often discovered weeks, months or even years after the mistake was made.
If the limit of indemnity has changed, it is the limit purchased when the claim is notified that applies – not the limit purchased when the work was completed.
Our team can provide support and proactively guide clients through the claims process.
Contact your Marsh representative to assist with lodging a claim.
Allied healthcare forms a large portion of the health industry. And professionals must strive to avoid causing their clients harm or injury – exposing them to many risks.
This heightened risk exposure highlights the importance of having insurance that can cover your business from negligent claims – even if you’re not at fault.
Before Marsh can arrange cover for an allied health professional, they will need to have:
Relevant qualifications for any modalities they practise
A membership with a relevant Australian-based association.
Need a range of covers to suit your business needs? Explore Marsh’s business bundles for glass, theft, contents cover and more.
Let Marsh arrange your commercial property insurance policy to help protect your business’s buildings, contents, and more.
Cyber attacks are becoming increasingly common. Help protect your small business with cyber insurance solutions arranged by Marsh.
With personal accident cover you can be sure your medical expenses are covered in the event of an on-the-job injury.
A storm, cyberattack or machinery breakdown can grind your business to a halt. Arrange business interruption cover to keep things moving.
Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238369) (“Marsh”) arranges the general insurance (i.e. not the Discretionary Trust Arrangement) and is not the insurer. This page contains general information and does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). Any advice or dealing in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226 827) (“JLT”). JGS and JLT are businesses of Marsh McLennan. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.
LCPA 23/127
