Get Expert Protection with Professional Indemnity Insurance

Secure your business against claims for breach of advice or service to your clients.

800+ professions covered across Australia!

Get a quick quote in 30 seconds
  • A+ Rated Security, Backed by Lloyd’s
  • Flexibility of Monthly Payments
Get quick quote in 30 seconds
Quick Quote in 30 Seconds
Receive a quote online in real time
Starts at Just $3* per Week
Affordable cover options based on occupation
Cover up to $10 Million
Get maximum coverage for your business
800+ Occupations Included
Cover that matches the risk of your profession

What is Professional Indemnity Insurance?

Professional Indemnity (PI) Insurance is a liability cover for businesses and individuals who provide professional advice or services. If a client alleges that you made a mistake, overlooked important information, misstated a fact, or your advice caused them financial loss, you can be held legally liable.

Whether the allegation is true or not, defending a claim can be expensive and time-consuming. Professional Indemnity insurance covers your legal defence costs, as well as any court-ordered judgements or settlements payable to the claimant, up to your policy limits. It helps protect your assets, cash flow and professional reputation so your business can continue operating with confidence.

Even baseless claims can come with serious legal bills. Sami’s Professional Indemnity (PI) insurance covers defence and investigation costs, so you’re not paying out of your pocket to prove your case.

Key Statistics
Over $1.1 Billion
Payouts for Professional Indemnity (PI) claims in Australia
[1] Source: NCPD Level 1 reports published by APRA 31/7/24 for 2022 year.
Over $60,000
Average cost for Professional Indemnity (PI) claims
[2] Source: NCPD Level 1 reports published by APRA 31/7/24 for 2022 year

Over 800 Professions Covered in Australia

Freelancers, consultants or established firms, if you provide advice or service in Australia, this cover is for you.

Graphic Designers

Find out more

Photographers

Find out more

Yoga Instructors

Find out more

Business Coaches

Find out more

Accountants & Finance Specialists

Find out more

Allied Health Professionals

Find out more

Tradespeople

Find out more

Legal Professionals

Find out more
Don’t see yours?
Get a quote
We cover 800+ more.

What Professional Indemnity Insurance Covers

We protect your business against claims arising from alleged or actual negligence, errors or omissions in the professional service or advice you provide.

Breach of Duty

If you fail to meet the professional standards or obligations expected in your role.

Intellectual Property Infringement

Unintentional breach of copyright, trademark, design or patent rights.

Defamation

Claims of libel or slander connected to your professional activities.

Lost or Damaged Documents

If client documents or data in your care are lost, damaged or destroyed.

Claims Investigation & Legal Defence

Costs associated with investigating, defending or settling claims.

Reputation Repair

Public relations expenses to manage negative publicity from a claim.

What’s Not Covered

We’re comprehensive, but not limitless. Your cover depends on the terms, conditions and exclusions in your policy wording.

  • Claims or issues known prior to policy start

  • Deliberate acts, fraud, or criminal behaviour

  • Costs from contractual obligations you have accepted

  • Refunding fees you have already received

  • Fines or penalties due to illegal acts

Essential Add-Ons to Your Professional Indemnity Coverage

Strengthen your protection by combining Professional Indemnity with other key covers.

Public Liability Insurance

Protection if your business activities cause injury to a third party or damage to their property.

Products Liability Insurance

Cover if a product you supply causes injury or property damage after it has been distributed or sold.

Accident and Sickness

Provides financial support if illness or injury prevents you from working for a period of time.

Coming Soon

Cyber Insurance

Helps protect your business from losses and costs associated with cyber incidents or data breaches.

Coming Soon

Get a quote

How Much Does Professional Indemnity Insurance Cost?

The average cost of Professional Indemnity (PI) insurance in Australia is around $3,000[1]; however, small businesses pay less than the average as their Professional Indemnity risk is lower. With Sami, cover starts at $3* per week (approximately $150 per year). Note that premiums vary depending on your occupation, turnover and level of cover. We tailor pricing to reflect your actual business exposure, which is one of the ways we are able to keep our premiums low.

[1] Source: NCPD analysis - Review of claims trends and affordability of Public Liability and Professional Indemnity Insurance in Australia. Published 10/5/23 (figures for 2021 were used).

Business Turnover

Higher annual revenue can increase risk exposure, which may affect your premium.

Company Size

Larger teams and expanding operations can increase your exposure, which may influence the cost of cover.

Level of Cover

The level of cover you select (e.g. $1M, $2M, $5M, $10M) directly impacts the cost of your policy.

Nature of Services Provided

Different professions carry different risk levels based on the work you do and the clients you serve.

“Our pricing is based on your profession and risk profile, not a one-size-fits-all rate.”

Get a quote

Starting from $3* per week

Get Covered in 3 Easy Steps

Receive a quote, get covered and make a claim – all through our online platform.

Get Insured
Make a Claim
1
Tell us what work you do
Let us know the services and advice you provide, as well as key business details.
2
Get your tailored policy
Get a Professional Indemnity (PI) insurance quote with some starting at $3* a week.
3
You’re instantly covered!
Purchase the policy and receive proof of insurance, plus a unique QR code.
1
Notify Us Online
Log in to your account and submit your claim details along with any supporting documents.
2
Our Underwriter Will Review & Assess
Our underwriter will review the information provided and may contact you if further details are required.
3
Claim Progress & Resolution
Our underwriter will keep you updated throughout the assessment and confirm the outcome in line with your policy.

Need a Certificate of Currency ASAP?

We issue and email your Certificate of Currency (CoC) as soon as your cover is activated, giving your clients assurance that your business is properly insured.

Quote received in real-time. No waiting.

Get a quote

Do You Need Professional Indemnity or Public & Product Liability Insurance?

Business insurance can feel confusing; here’s the simple way to look at it. Professional Indemnity is for financial loss linked to your advice or service. Public & Product Liability is for injury or property damage caused by your business.

Professional Indemnity

Protects against claims for financial loss arising from your professional advice or service.

  • Errors or omissions in your work

  • Breach of professional duty

  • Intellectual property infringement

  • Alleged negligence in your advice

Public and Product Liability

Covers claims involving physical injury or property damage caused by your business activities or products.

  • Third-party bodily injury

  • Accidental damage to client property

  • Incidents at your workplace or job site involving third parties

  • Injury or damage caused by products you supply

Businesses face different types of risk every day, and one policy cannot respond to every situation your business may encounter.

Advice-related claims and physical incidents are distinct risks, so relying on just one type of cover may leave gaps you didn’t expect.

That’s why many businesses choose to hold both. They combine policies to provide broader protection that aligns with how they actually operate.

Why Choose Sami for Your Professional Indemnity Insurance?

Because getting covered shouldn’t be complicated. We deliver occupation-specific Professional Indemnity cover through a fast, fully online process, with transparent pricing, flexible limits and support when you need it.

Feature Sami Insurance Traditional Brokers Direct Insurers
Quote Process Instant online quote in real time Quote provided after consultation and follow-up Online quote generated through a standard process
Average Quote Time 30 seconds for a quick quote 2 - 3 days 10 - 15 minutes
Occupation Coverage Tailored to 800+ professions General industry categories General industry categories
Policy Customisation Cover structured around your specific profession and risks Low customisation Low (fixed plans)
Pricing Approach Based on your occupation and risk profile May include brokerage fees Standardised pricing models
Cover Limits Flexible limits, up to $10M Varies by insurer May offer limited preset options

Frequently Asked Questions

Everything you need to know about Professional Indemnity cover, eligibility and claims.

Is Professional Indemnity insurance compulsory in Australia?

How do I choose the right level of Professional Indemnity cover?

Do I need Professional Indemnity if I am a freelancer?

Do I need Professional Indemnity cover if I work independently?

How do I make a Professional Indemnity claim?

Is Professional Indemnity insurance claims-made or occurrence-based?

Professional Indemnity Insights and Resources

Practical guides and insights to help you understand Professional Indemnity (PI) requirements, manage risk and respond to claims with clarity.

  • Aug 5, 2026
  • The Sami Team

Is PI Insurance Tax-Deductible for Australian Sole Traders?

Yes, Professional Indemnity (PI) insurance premiums are generally tax-deductible for Australian sole traders because they are business expenses associated with the professional services they provide and the income they earn. This reflects the Australian Taxation Office (ATO)’s general rule that expenses incurred in earning assessable income may be deductible.

Read full article
  • Aug 3, 2026
  • The Sami Team

Professional Indemnity Insurance Terms Every Sole Trader Should Know

Professional Indemnity (PI) insurance is designed to respond to claims alleging that a client suffered financial loss due to professional advice, services, errors or omissions. Depending on the policy, it may help cover legal defence costs and compensation that the insured is legally liable to pay.

Read full article
  • Jul 24, 2026
  • The Sami Team

What Does Professional Indemnity Insurance Cover and What It Does Not?

One client complaint can quickly become more than an uncomfortable conversation. If a client alleges your advice, design, strategy or service caused financial loss, you may need to respond formally, even if you believe you did nothing wrong.

Read full article
View all insights