Designed specifically for real estate professionals and property managers, the REIS Professional Risks Liability Package provides comprehensive cover in line with current legislation, including the Real Estate Agents Act 2008. The policy features include:
Protection should any legal liability arise from business activities, in particular settlements and judgements on negligent advice or services. The policy also includes cover for legal cost and expenses incurred in defending legal action.
Protection against third party claims for compensation for personal injury or property damage for which you are legally liable.
Protection for penalties, fines and legal defence costs associated with an alleged unintentional breach or contravention of most Acts, including Real Estate Agents Act 2008, Fair Trading Act and Consumer Guarantees Act.
Protection for settlements or damages payable in respect of claims for personal injury to employees suffered in the course of their employment that are not covered by ACC.
Management Liability (optional cover)
This covers directors and senior management for wrongful acts committed whilst carrying out their duties associated with the management of the company.