Most contract clauses ask for three things: a limit, how long you keep cover, and a certificate to prove it. You can usually meet them with one standard policy.
Source: https://piinsurance.com.au/contract-requirements/, fetched from the preview https://pi-react-4ee768.pages.dev/contract-requirements/ on 10 Nov 2026; site dated 3 Nov 2026. Preview wording, not yet broker-reviewed. General information, not advice.
Key points
- Most clauses ask for a limit, how long you keep cover, and a certificate.
- One standard policy usually meets them.
- Unusual run-off, limits above $10m or fitness for purpose need a broker.
Read the clause for five things
- The limit. For example "not less than $2,000,000".
- Per claim or aggregate. "Each and every claim" and "in the aggregate" mean different things.
- How long. Many clauses ask you to keep cover for a number of years after the contract ends. That is called run-off.
- Proof. A certificate of currency before you start, and sometimes each year.
- Who is insured. Some clauses ask for the client to be noted on the policy. PI policies rarely allow that, so ask us how to answer.
Clauses that need a broker
Ask for help if the clause asks for an unusually long run-off, a limit above $10m, cover for fitness for purpose, or an indemnity that goes further than the law would. These are common and fixable, often by a short email to the client.
Send us your clause
Common questions
What is a certificate of currency?
A one-page document from the insurer or broker that proves your policy is in force, with its limit and dates.
Can my client be added to my PI policy?
Usually not as an insured. A broker can explain the cover in writing to satisfy the clause.