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TERM :: Professional Indemnity Insurance (PI)



Definition :: This insurance will protect the financial lender or broker in the event that compensation must be paid to a consumer. This in turn protects the consumer when dealing with a broker because in order to be granted PI insurance they would have been investigated by the insurer. For a consumer it is a good idea to ask if the broker you are dealing with has PI insurance, if they don't have it may be prudent to seek another broker..

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DAIS Investments Suite 1.04, 339 Military Road Cremorne NSW 2090 Ph +612 9908 8875 Fax +612 9908 7061