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Professional Indemnity (PI) insurance protects you and your company against allegations of professional negligence
In an event that a client or a third party alleges professional negligence on your end (via your service or advice) stating that it has caused them financial loss, they might take legal action against you and sue you for compensation.
As rare as this situation might sound, it could happen to even the most cautious adviser or professional
Professional Indemnity (PI) insurance helps you in covering some or all of the costs depending on your cover
Whether the breach is justified or not, defending such allegations can be hugely costly, often running into tens or even hundreds of thousands of dollars. This is why most professionals choose not to operate without the protection of a trusted Professional Indemnity Policy
TAP has a PI Group Scheme through QBE.
If you're keen to join TAP's group PI Scheme, please fill in the below form to get a quote:
Once you complete and submit the form, we will provide a pro-rata quote to you for review.
Once you accept the quote, we will then submit it for issue. Please note the quote is excluding GST
Please Note: Our group scheme has a renewal date of 01/07/2026, so the quote will show the annual premium for the full policy year and an approximate pro-rata amount. The pro-rata amount will be based on your quoting date, if acceptance is received, the amended pro-rata rate will be confirmed based on your Start Date when your Certificate of Insurance is sent to you.
For any questions or queries please get in touch with one of TAP's advisers or email info@tapnz.co.nz
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