Product Information
Our broad civil liability policy provides coverage tailored for the needs of insurance brokers and underwriting agencies. Our primary capacity is $20m.
Policy Features
Coverage:
- Breach of Chapter 7 Corporations Act 2001
- Breach of Professional Duty
- Breach of Warranty of Authority
- Contractual Liability
- Defamation
- Dishonesty
- Intellectual Property Infringement
- The Australian Consumer Law and ASIC Act breaches
- Costs in Addition Limit of Indemnity
Automatic Extensions:
- Consultants and Agents
- Continuous Cover
- External Dispute Resolution up to $150,000/$280,000 per award
- Inquiry Costs
- Joint Venture Liability
- Loss of Documents to $250,000
- Reinstatement of the Limit of Indemnity
- Run-Off Cover
Optional Extensions:
- Authorised Representatives
- Automatic Run-Off Cover for Licensed Credit Activities
- Fidelity
- Previous Business
