Mortgage Choice

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Insurance House is delighted to offer the following to Mortgage Choice Brokers

Cover

Professional Indemnity & Public Liability Insurance

Benefits Include

  • Mortgage Choice approved insurance provider
  • Compliant with Regulatory Guide 210, insurance arrangements for credit licensees
  • ASIC approved External Dispute Resolution Schemes
  • Free 7 year run-off coverage when you cease to practice, upon written request to Insurance House
  • Protecting your past activities with unlimited retroactive cover
  • All claims are managed locally by premier law firms
  • Insurer security which is rated A+ and higher by Standards and Poor's

Limit of Indemnity

  • Professional Indemnity options

    $2,000,000 any one claim and $6,000,000 in the aggregate.

    $5,000,000 any one claim and $15,000,000 in the aggregate.

  • Public Liability

    $20,000,000 in the aggregate

Period of insurance

The Mortgage Choice common policy renewal date is 30th November each year

Excess

Professional Indemnity:
$5,000 any one claim

Public Liability:
$250 any one claim

Insurer Security

ProRisk (Swiss Re International SE Australia Branch) for Professional Indemnity and Public Liability

Policy

ProRisk Mortgage Choice Professional Indemnity Insurance Policy V02.20, ProRisk Public and Products Liability Insurance Policy V02.20;- please refer to the Insurance House website for a copy

Cost

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