Finance and Mortgage Brokers
Professional Indemnity and Public and Products Liability Insurance

  • Optimal balance of price and coverage
  • Flexible target premium options and customisable commissions

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Finance and Mortgage Brokers

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Policy information

insurance

Risk Medium

Product brochure

Policy Structure:Claims made Professional Indemnity
Occurrence-based Public and Products Liability
Target Profession:Finance and Mortgage Brokers
Reinstatements:2
Limit:Costs Inclusive
Excess:Costs Exclusive
Maximum Limit:$10,000,000
Maximum Fees:$5,000,000
Public and Products Liability:Optional Extension
Fidelity:$50k automatically included – higher can be considered
Cover:Broad, Professional Services Description
Additional coverage:
  • External Dispute Resolution Scheme
  • Issuance of deposit bonds
Look out for:
  • Exclusions with respect to lending own funds
  • Acting under a delegated lending authority
  • Claims made by a financial institution

Professional Services Description

Means the provision of the following professional services:

  • Finance Broking
  • Mortgage Broking
  • Mortgage Management
  • Arranging deposit bonds
  • Any other mortgage and finance broking services as defined by an Australian professional mortgage or finance broking body: and
  • Any other services specifically agreed to by Us and stated in the Schedule

Out of appetite:

  • Low doc greater than 5%
  • Source of funds outside banks and building societies greater than 5%

Commercial & Digital Team

Make a professional liability claim

Andrew Appleton

Head of Casualty Claims

(02) 8284 1855


Email Andrew

Professional liabilities claim form

Fill the claim form and begin the claim process.
Send your form to:

Email [email protected]