What is business and professional indemnity insurance for Town Planners?*
Town planners require suitable business and professional indemnity insurance that provides them with professional indemnity and public liability cover for the provision of town planning services.
For example, business and professional indemnity insurance for town planners may include losses arising out of acts, errors and omissions from town planning services provided such as multi- unit development assessment and assistance; negotiating with residents and councils, presenting to councils and preparation of reports and recommendations for developers.*:
Why do Town planners need business and professional indemnity insurance?*
Town planners need business and professional indemnity insurance to cover for business risks such as incorrect advice, legal claims against you for the provision of town planning services; such as advising on planning legislation.
Suitable business and professional indemnity insurance may provide Town Planners with cover for the following claims:
- civil liability
- contractual liabilities
- libel and slander
- unintentional infringement for intellectual property
- claims preparation
- Breach of confidentiality
- public liability
- claims investigations costs
- employee dishonesty
- care, custody and control extensions
- cross liability
- indemnity to others
Note that Town Planners can be held liable for the advice or the services they perform that may cause financial loss to a third party. As a result Town Planners need professional indemnity insurance.
Furthermore, Public Liability insurance is a core cover for all Australian businesses - including for Town Planners - to cover you against damage to a third person or their property.
If you are a Town Planner looking for business and professional indemnity insurance please call 1300 542 573 to TALK to a SMART business insurance broker about a suitable policy at an affordable cost for your business.
What type of Town Planners need business and professional indemnity insurance?*
All Town Planners that charge a fee for advice or a service need business insurance and professional indemnity insurance.
For example, any Town Planners performing the following town planning services need business insurance and professional indemnity insurance.
- Environmental planning
- Heritage and conservation planning
- Infrastructure planning
- Multi- Unit Development Assessment and Assistance
- Neighborhood renewal
- Transport planning
- Urban Development
- Urban Design
How much does Town Planners insurance cost?*
For many self-employed sole proprietor Town Planners a $1 million professional indemnity insurance policy starts from $960.
Town Planners business insurance cost: from $1290 for combined cover of $1 million professional indemnity PLUS $5 million public liability insurance.
Please note : pricing may vary significantly from the above based on your size, clients, experience and specific architects business activities. Town Planners working on large multi-unit developments ,commercial projects, for councils and government typically represent greater risk; require greater limits and higher premiums.
For a Town Planners professional indemnity and public liability insurance cost for your business TALK to a SMART Business Insurance broker on 1300 542 573
How do I get a Town Planners Professional Indemnity Insurance quote?*
Depending on the nature of your Town Planners activities, the size of your projects, the size and type of clients you service and whether you are a sole trader, or employ staff or sub-contractors , different insurance companies and underwriters are likely to provide suitable and affordable cover.
For a suitable and affordable business and professional indemnity Town Planners insurance quote TALK to a SMART Business Insurance broker on 1300 542 573 or contact us online.
1300 542 573
TALK to a SMART Business Insurance adviser
Monday – Friday 8.45 am - 6.00 pm AEST