Insurance for IT Contractor/Pty Ltd Company - Which Insurance Provider?

PLA74 on 16/01/2019 - 09:25
Last edited 20/01/2019 - 16:26 by 1 other user

Hello,

I'm an IT contractor and have my own company (Pty Ltd) setup. Just wondering if anyone have recommendations for insurance providers to cover the following:

Professional Indemnity (PT) insurance cover of $5 million
Public Liability (PL) insurance cover of $10 million

So far I've searched online and received a quote from 'Express Insurance' for $846 including GST.

Thanks!

*UPDATE (20/1/2019) - ended up going with Express Insurance.

• 

  oscargamer on 16/01/2019 - 09:57

  +1

  https://www.bizcover.com.au

  https://www.comparethemarket.com.au/business-insurance/

  • 

    PLA74 on 16/01/2019 - 10:06

    Thanks!

    • 

      dazweeja on 16/01/2019 - 12:27

      Can you post back here with who you finally decide to go with? I'm in a similar situation.

      • 

        PLA74 on 16/01/2019 - 13:32

        +1

        Sure, will do. Most like express insurance at this stage (cheapest, no excess in the event of a claim…)

• 

  MrHyde on 16/01/2019 - 15:24

  I use Express Insurance.

  Haven't had to use it yet and hope never to use it - so can't comment on how they handle claims.

  • 

    PLA74 on 16/01/2019 - 15:31

    Thanks!

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  coolhead on 30/06/2025 - 08:52

  hi @PLA74 - just wondering what are people going with on these days? Need PI/PL - 10mil & 20mil respectively and compare the market is quoting at minimum $147 pm with UAL.
  Seems abit hit on monthly basis but could be a norm.
  cheers