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Insurance Made Easy

Tailored to suit your business

Business Coaches Insurance Policies

Business Coaches


With almost 20 years’ experience in assisting and arranging insurance programs for both Business Coaches and Business Coaching groups, Insurance Made Easy can secure extensive policy coverage for a substantially reduced premium with CGU Insurance.

We are currently appointed to several coaching groups that range in size from a few coaches through to internationally recognised groups in several countries. No matter your size we will take the time to review your business model and methodologies to ensure that the coverage you purchase meets your needs and expectations.

With annual Premiums starting as low as $388.00 for $5,000,000 of Professional Indemnity simply complete the Application form and submit it to us in confidence and we will contact you for further discussion or a quotation.

Policy Coverage:

Professional Indemnity Insurance

How does Professional Indemnity Insurance work?


Professional Indemnity Insurance is a form of liability insurance that helps protect professionals when providing professional advice and service. The insurance has the provision for the cost of defending a negligence claim made against you and any damages awarded in such a civil lawsuit.

The cover is provided for alleged failure to provide services either by error or omission resulting in a client suffering a financial loss.

Professional Indemnity Insurance also provides for the defence costs, including when the legal action turns out to be frivolous.

Example:  You did some work for a client in 2013, however it is not until 2016 that the client believes your work and advice has caused them losses and they lodge a formal complaint with you.

This is the date a claim may exist and this will be the date you need current Professional Indemnity Insurance even though the work occurred some 3 years previous.

This is why it is so important to continue to renew your insurance each year.

Further, should you sell your business or cease trading, you need cover for up to 7 years which we provide without additional charge.

Policy Highlights

The Security of a Major Insurer – CGU Insurance

No Excess

2 Reinstatements of the Sum Insured

$100,000 Statutory Liability with $2,500 excess

7 years run-off Cover

Automatic Renewal – no need to complete declarations every year

Optional Employment Practices Liability cover

Defence and Legal costs automatically included over and above the level of cover selected

Advancement of Defence Costs

Provision to cover the cost of Official enquiries or Investigation costs including ATO, ASIC, APRA and ACCC, etc

Retroactive Cover – Cover for all past work provided that you have had continuous Professional Indemnity Insurance

Breaches of Competition and Consumer Act 2010 and Related Legislation

Definition and recognised duties of a business coach

Coaching Executive and/or team members in sales, marketing, client relations, internal processes, administration and workflows, suitability of staff in specific roles, team building and facilitation, focus, leadership.

Assisting Executives with operations, sales, marketing and client relations services

Sounding board time, hearing the executives challenges and asking questions to enable them to make relevant decisions

Simplistic overview of financial achievements and intentions (no advice or investment strategies)

Introduction of new products and/or services

Time management and productivity

Business planning, accountability of actions, timelines and progress

Analysis of lead generation, commission rates, number of transactions, average $ sales, margins

Work with business owners to identify and assist to mitigate risk areas in a business, primarily focused on HR/IR/OHS

Training of team, refining delivery and distributions, defining structure to maximize employee performance

The introduction of social media, such as Facebook, Twitter, YouTube, LinkedIn etc.

Culture defining and possible re-defining, evaluating ethos and spirit of the business


Should I take out Public Liability Insurance in addition to Professional Indemnity Insurance?


Public Liability Insurance protects your business for any negligence which results in either physical injury or property damage. With society becoming more litigious, it is important that you properly protect your business activities whether they are conducted on or off site.

A claim could result from a client tripping over your laptop cable during a presentation at their office and as a consequence suffering a loss of income due to time off work. In this particular circumstance, you may be deemed negligent and have damages awarded against you. In this particular instance, a Public Liability Insurance policy would respond. As this is not a Professional advice claim (such as that which may fall under a professional indemnity coverage) you would need a Public Liability Insurance policy which covers the cost of the claim after negligence has been established, or, if no negligence is involved, provide cover for the legal defence costs.

What happens if I decide to cease trading as a Business Coach?


Under the statute of limitations, you may be liable for a claim up to 7 years after the fact. For no additional premium, Insurance Made Easy will cover you during this period from the date your policy ceases, provided you do not work as a self-employed Business Coach. Simply contact Insurance Made Easy and we will make sure that you are covered.

I am currently insured elsewhere if I move to IME Insurance Brokers will I be covered for my previous work?


Rest assured that the policy offered by Insurance Made Easy has full retroactive cover provided you have had continuous Professional Indemnity insurance. If a claim is made against you for negligence as a result of work undertaken during a previous period of insurance your new policy with Insurance Made Easy will provide full cover subject to the usual terms and conditions of the policy.

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