Professional Indemnity Insurance
Professional indemnity insurance is a statutory requirement for all barristers in the Australian Capital Territory pursuant to section 312 of the Legal Profession Act 2006 (ACT). For the 2018-19 practising year, the minimum level of PII insurance that an ACT barrister must take out is $1.5 million.
COMPARISON OF 2018-19 POLICIES
Please note that it remains the responsibility of the individual barrister to satisfy himself/herself as to the content of the policies on offer, the terms and conditions, and the premium applicable to them.
Please refer to the below table for the level of insurance provided by the approved policies and the terms of the policies.