WTF is Professional Indemnity Insurance

7 Aug 2019

Professional Indemnity Insurance covers you in case you’re sued for an act, omission or breach of professional duty.

 

PII protects you against legal costs and claims. The key exposures include breach of confidentiality, negligence in providing support, incorrect advice and misplacement of records*.

 

 

Any breach (or allegation of breach) of professional duty may lead to a personal claim being made against you in court, and could see you, as an employee, being personally liable.

 

 

We hope you never you need PII, but union members are protected just in case.

 

 

You can take out personal cover for about $350 - $400 per year, but it’s free for union members.

 

*For more information about our policy contact the ASU Members Assistance Line on 02 9310 4000.

 

 

 

 

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