top of page
Mortgage Brokers- Industries- Shopping centre hall out of focus depth of field in blue hue

Insurance Made Easy

Tailored to suit your business

Mortgage Brokers Insurance Policies

Mortgage Brokers Industry

Since 2001, Insurance Made Easy has been actively involved in providing comprehensive insurance solutions for Mortgage Brokers. This knowledge has allowed Insurance Made Easy to enhance policy coverage in an evolving industry that meets ASICS requirements.

With our Exclusive rates and coverage for Professional Indemnity and discounted rates on Business Insurance, contact Insurance Made Easy today fobligation quotation.

Policy Coverages:

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 services. The insurance has the provision for the cost of defending a negligence claim made against you and any damages awarded in a civil lawsuit.

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

Professional Indemnity Insurance goes beyond just financial protection. It also provides for the defence costs, even in cases where the legal action turns out to be frivolous. This comprehensive support ensures that you can focus on your professional duties, knowing you are backed by.

Policies Highlights:


The policy offered by Insurance Made Easy brokers is fully ASIC Compliant

All policies includes full 7 year run-off cover

No need to complete declarations each year in most cases

Thirty days extended reporting period

Provisions for cover up to $500,000 for any ASIC approved External Dispute Resolution Scheme arising out of a third-party complaint.

Two automatic reinstatements of the sum insured.

Cover level range from $2million to $10million with a range of excess options.

Policy security by a recognized local and international insurer.



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


Public Liability Insurance is a crucial shield for your business, protecting you from any negligence that could lead to physical injury or property damage. In today's litigious society, it's not a matter of if, but when, you might face a claim. Whether your business activities are on or off-site, it's essential to have this protection in place.

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.

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 due to 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.

What happens if I decide to cease trading as a Mortgage Broker?


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 no longer work as a self-employed Mortgage Broker. Simply contact Insurance Made Easy and we will make sure that you are covered.

bottom of page