{"node":{"id":"4c4098f1-6d5f-4b8f-b746-980da4b5976c","handle":"4c40","type":"note","authorName":"PI Insurance","intent":"learning","title":"Who needs PI, by occupation: who sets your minimum, the limits clients usually ask for, and the eight occupations a broker arranges directly","aiSummary":null,"content":"Most professionals buy PI because a client contract asks for it, usually $1m to $2m. In some jobs a licence or registration body sets the minimum instead. Eight occupations need a broker to place the cover by hand.\n\nThis is general information from the PI Insurance site, not advice about your situation. Your contract and your regulator set your minimum. A broker confirms it.\n\n## Who sets your minimum\n\n- **Your clients**, for most consulting, design and IT work. No law requires PI. Clients, government panels and recruiters write a limit into the contract and ask for a certificate of currency before you start.\n- **Your regulator or professional body**, for registered work. Examples the site names:\n  - BAS agents and tax agents: the Tax Practitioners Board, by turnover.\n  - Accountants in public practice: their professional body.\n  - Mortgage and finance brokers: ASIC, for credit licensees.\n  - Allied health: their AHPRA board's registration standard.\n  - Architects, certifiers and some engineers and building designers: state boards and licences.\n  - NDIS providers: the NDIS practice standards.\n- Take the higher of the two. Rules change, so check the current figure with the body itself.\n\n## The six groups, and the limits clients usually ask for\n\nThese are examples, not rules.\n\n- **Business and consulting**: management, marketing, recruitment, HR, risk and compliance consultants; project managers; business analysts; trainers and coaches; graphic designers; copywriters; event planners; translators.\n  - Usually $1m to $2m.\n  - Government, enterprise and large corporate clients often ask for more, sometimes $5m or more.\n  - Labour hire and construction project management often need $5m or more.\n- **Construction, design and engineering**: engineers, structural engineers, architects, building designers and drafters, building surveyors and certifiers, bushfire and planning consultants, quantity surveyors, interior designers, environmental consultants.\n  - $1m to $5m for small firms.\n  - Building and government work often asks for $5m to $10m, with a run-off period of six years or more.\n  - Certifiers: set by the state licence.\n- **Technology and IT**: IT consultants, software developers and SaaS, cyber security consultants, web developers, managed service providers, data and AI consultants, cloud consultants, UX and UI designers, IT support.\n  - Usually $1m to $2m.\n  - Software and SaaS: $1m to $5m, with cyber cover.\n  - MSPs: $2m to $5m, usually with cyber cover.\n  - Cyber security consultants: $2m to $10m.\n  - Onsite IT support usually needs public liability too.\n- **Finance**: bookkeepers and BAS agents, accountants and tax agents, mortgage and finance brokers.\n  - Set by the regulator or professional body. Many bookkeepers choose $1m.\n- **Property and real estate**: real estate agents, property managers, strata managers, buyers agents, valuers.\n  - $1m to $2m for most agents and managers.\n  - Strata managers $2m to $10m, by number of lots. Valuers $2m to $5m.\n- **Health and care**: allied health practitioners, NDIS providers.\n  - Allied health often $10m to $20m, often combined with public liability.\n  - NDIS providers $1m to $5m, plus public liability.\n\n## The eight occupations a broker arranges directly\n\nInsurers look at this work closely, so there is no quick quote. A broker takes it to insurers by hand.\n\n- Structural engineers\n- Building surveyors and certifiers\n- Bushfire and planning consultants\n- Cyber security consultants\n- Managed service providers (MSPs)\n- Mortgage and finance brokers\n- Strata managers\n- Valuers\n\n## Anyone goes to a broker when\n\n- turnover is over $2.5m;\n- the limit wanted is over $10m;\n- there is USA or Canada work;\n- there are past claims or known circumstances;\n- an insurer has declined them before;\n- they do higher-risk work within their occupation.\n\nNone of these means a decline. It means the insurer wants more detail first.\n\n## What to do next\n\n- Find the limit in your contract, and any minimum your regulator sets.\n- Enquire with a broker, with a clear description of your work.","capturedAt":"2026-11-09T12:51:38.293Z","createdAt":"2026-11-09T12:51:38.294Z","updatedAt":"2026-11-09T12:56:11.213Z","spanId":null,"contributor":null,"audiences":[{"kind":"public","createdAt":"2026-11-10T00:48:45.225Z"}],"fingerprint":"a2e713ea034b1e1c1a3b3caee6beaa167d683bcb383d96b33f4e963d2ee89137","revisionNo":"2","structureHash":"9a675a7a227621fbaded0804340eab1f16165b3be8feea87d7dfa6a38aea4059","page":"https://lattris.com/by/2/memories/4c4098f1-6d5f-4b8f-b746-980da4b5976c"},"links":[{"direction":"out","verb":"references","reason":"Follow when the person is one of the structural engineers: one of the eight a broker arranges directly. The page says what insurers look at closely, and the usual limit.","hash":"67f09003bdca8e45b5312c14c0cb9bceab836a73393c7d334b984522dc428c73","node":{"id":"0e46abd9-0261-4d4c-b7a0-0673689b4703","handle":"0e46","type":"note","title":"PI insurance for structural engineers (piinsurance.com.au/structural-engineers/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/0e46abd9-0261-4d4c-b7a0-0673689b4703?links=1","fingerprint":"0d919ddcb82968476dcdd264dbf0eacecc8ab89c2e521bb2f8e9bc1a2cacc884","revisionNo":"1","structureHash":"c74934b194ef1f72b9ae6081ed2f1c4de3986594218f72a21205bd94ef19c492","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/0e46abd9-0261-4d4c-b7a0-0673689b4703"}},{"direction":"out","verb":"references","reason":"Follow when the person is one of the mortgage and finance brokers: one of the eight a broker arranges directly. The page says what insurers look at closely, and the usual limit.","hash":"f61a68718421dcc1d2ff095bb5c0f860ba73b31e04492eaa83287d58ce3a2a8e","node":{"id":"24a8f83f-21f9-494b-a757-cf23b0ff0706","handle":"24a8","type":"note","title":"PI insurance for mortgage and finance brokers (piinsurance.com.au/mortgage-brokers/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/24a8f83f-21f9-494b-a757-cf23b0ff0706?links=1","fingerprint":"317d1ebae0566b9125053e97f569c350438902ce903f14ea87a733c28794968d","revisionNo":"1","structureHash":"e5a69191631fffcabb9619f0c1e8bebd7d9b130865556d96125c64451cb947ba","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/24a8f83f-21f9-494b-a757-cf23b0ff0706"}},{"direction":"out","verb":"references","reason":"Follow when the person is one of the valuers: one of the eight a broker arranges directly. The page says what insurers look at closely, and the usual limit.","hash":"6b4762b29b045c9ef775ea10569c97854d4f21319505bc665f3463b268e7c798","node":{"id":"3b2f7d8f-9fb0-4a75-93f4-20134db374b0","handle":"3b2f","type":"note","title":"PI insurance for valuers (piinsurance.com.au/valuers/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/3b2f7d8f-9fb0-4a75-93f4-20134db374b0?links=1","fingerprint":"4029a12fcaff7e37463519010676e95ae22b1966e2464d33a983b6f1fed45786","revisionNo":"1","structureHash":"d36441fd66af28a65aef2d670d337c42c06e31c15a8261e5293b4f7d4e36b6cc","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/3b2f7d8f-9fb0-4a75-93f4-20134db374b0"}},{"direction":"out","verb":"references","reason":"Follow when the person is one of the bushfire and planning consultants: one of the eight a broker arranges directly. The page says what insurers look at closely, and the usual limit.","hash":"3433bb93b8f8f78127513da9e490f771c14fd0fc7e32b5714301be4d4e452eee","node":{"id":"40d48a91-7f50-4971-9c09-71df5fa23828","handle":"40d4","type":"note","title":"PI insurance for bushfire and planning consultants (piinsurance.com.au/bushfire-consultants/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/40d48a91-7f50-4971-9c09-71df5fa23828?links=1","fingerprint":"88ff6b4b20d70cab9e2d0a14a433d43ddea30fa996bab8d5ce2971c684d5049c","revisionNo":"1","structureHash":"c9e2fbb9f2096631e7f13fe73df216a368d3e5ce09c3cd38346870215dad3421","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/40d48a91-7f50-4971-9c09-71df5fa23828"}},{"direction":"out","verb":"references","reason":"Follow when the person is one of the managed service providers (MSPs): one of the eight a broker arranges directly. The page says what insurers look at closely, and the usual limit.","hash":"42d20e67f1b66c1330a1f27055657159a44032480fdf3343c79350cadc9bd81f","node":{"id":"99096088-a4c6-4690-a9f3-cc5c033bd12c","handle":"9909","type":"note","title":"PI insurance for managed service providers (MSPs) (piinsurance.com.au/managed-service-providers/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/99096088-a4c6-4690-a9f3-cc5c033bd12c?links=1","fingerprint":"255b706a45a9657acd0ffa7ab59fd48be7d13ea1ac591225a7651ffbc7f37684","revisionNo":"1","structureHash":"ddb0380ebfdfe3e5416eadee06d21f23921f852bd217b140cfff67435ca641bf","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/99096088-a4c6-4690-a9f3-cc5c033bd12c"}},{"direction":"out","verb":"references","reason":"Follow when the person is one of the building surveyors and certifiers: one of the eight a broker arranges directly. The page says what insurers look at closely, and the usual limit.","hash":"9052d3715739a8d3778f734778f304155bcb54ee8c307faf5621a0717ca07e76","node":{"id":"9c6152d2-fc3a-48e3-a96b-cfd0b37b1c87","handle":"9c61","type":"note","title":"PI insurance for building surveyors and certifiers (piinsurance.com.au/building-certifiers/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/9c6152d2-fc3a-48e3-a96b-cfd0b37b1c87?links=1","fingerprint":"0164804b1323c3e840f9b199ce41535815841d00765df0a54644ab695b46d5f1","revisionNo":"1","structureHash":"facda1d9e52d21667bbe8ae59d3f76a9f9ecc0a052f7456cad0257b87ad5dde5","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/9c6152d2-fc3a-48e3-a96b-cfd0b37b1c87"}},{"direction":"out","verb":"references","reason":"Follow when the person is one of the cyber security consultants: one of the eight a broker arranges directly. The page says what insurers look at closely, and the usual limit.","hash":"9873e6066d5a2d5f4fe9ae0c767082453c8d5f2f83c47212667639a0928391e6","node":{"id":"e0837e64-ab7b-4f92-8603-5aedfefd2be4","handle":"e083","type":"note","title":"PI insurance for cyber security consultants (piinsurance.com.au/cyber-security-consultants/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/e0837e64-ab7b-4f92-8603-5aedfefd2be4?links=1","fingerprint":"80ebdbe48b4220a5c2e3a6d6ac9bd65fbcef6db5ab3e7e4af2b5b99e9d541d15","revisionNo":"1","structureHash":"f6cc96ed13797ce675e38dc5d5f08489387b0f50d8d35d8104fc98d360d2b245","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/e0837e64-ab7b-4f92-8603-5aedfefd2be4"}},{"direction":"out","verb":"references","reason":"Follow when the person names their job: the site's list of all 40 occupations, each linked to its own page.","hash":"e985c5881b5ea3b7ea3362baaf9a1de7846d35d375e0f11ee25070791235c0b8","node":{"id":"e67b429e-fbb9-4735-8b6a-b5011c580363","handle":"e67b","type":"note","title":"Find PI for your occupation (piinsurance.com.au/occupations/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/e67b429e-fbb9-4735-8b6a-b5011c580363?links=1","fingerprint":"db7d3d02a485d4ea0741af13950afcfe71f2330b9e15e35d53d79ce550d66146","revisionNo":"1","structureHash":"72356783fbd2cec7b6b1ef015fadf6ba9646d5b304bd676cd60e179d39f30c1e","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/e67b429e-fbb9-4735-8b6a-b5011c580363"}},{"direction":"out","verb":"references","reason":"Follow when the person is one of the strata managers: one of the eight a broker arranges directly. The page says what insurers look at closely, and the usual limit.","hash":"0d1dac781cdb6ea3de70d064674db83986e0dcb9b6b184284431fd0200e554e6","node":{"id":"eb8d3bb1-8d16-491d-980f-6a1c2c230132","handle":"eb8d","type":"note","title":"PI insurance for strata managers (piinsurance.com.au/strata-managers/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/eb8d3bb1-8d16-491d-980f-6a1c2c230132?links=1","fingerprint":"438d51dd8e0a7edb6794922385f61801c3ffbd7ba964e11af10dc12400190dc9","revisionNo":"1","structureHash":"98a7b99bdce2b17ceda66446e898da446059d2f0cf25e5291c1827946f43f07e","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/eb8d3bb1-8d16-491d-980f-6a1c2c230132"}},{"direction":"in","verb":"references","reason":"Follow when the person asks what limit or run-off period is usual for their kind of work: 4c40 gives the ranges by group, such as six years or more for building and government work.","hash":"9eab56cd0b7b3e9d45db195b30721c3c4c2eaca119d655b771a86220ff823a5e","node":{"id":"04fb54d5-fee3-4bc2-ac50-09e41f38bcdb","handle":"04fb","type":"note","title":"My contract says I need PI (piinsurance.com.au/contract-requirements/)","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/04fb54d5-fee3-4bc2-ac50-09e41f38bcdb?links=1","fingerprint":"32ea73f9fd7f1637c6c3b1752cd64ae0f897e5c5c5c187dbfdb9efc6ccae641e","revisionNo":"2","structureHash":"cb7843d8fbc7b354709c942fd0f4538f678b9ee16b5c404eee903f810144c5af","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/04fb54d5-fee3-4bc2-ac50-09e41f38bcdb"}},{"direction":"in","verb":"references","reason":"Follow when the person's occupation may be one a broker arranges directly, or they need the usual limit for their group.","hash":"dcb11f2a63722bca11e5e2c904bbe406b80e6642dca3f87adfe32d96256decf1","node":{"id":"90693511-a90b-4d31-ac08-ffc15e5f1195","handle":"9069","type":"note","title":"Getting a quote: why the site gives no price, what the enquiry asks, and what sends it to a broker","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/90693511-a90b-4d31-ac08-ffc15e5f1195?links=1","fingerprint":"06a0661e547d0ae02bf8c64286558457b77887c730fbfe617be5e30d3cbe1753","revisionNo":"2","structureHash":"02f0ad5b29e787f7bfd5d5215b75ea0728c5e825ce18b6374573d96b40719de6","intent":"learning","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/90693511-a90b-4d31-ac08-ffc15e5f1195"}},{"direction":"in","verb":"references","reason":"Follow when someone names their job or asks how much cover they need: who sets the minimum, the limits clients usually ask for, and which occupations go straight to the broker.","hash":"b96ac14a21f9e9cc3aaf80ce51a0f38a12da4165cbefe42dd4b3c0ee00aa679a","node":{"id":"a0fdb390-3004-4779-b07f-9703118833fa","handle":"a0fd","type":"note","title":"PI Insurance","aiSummary":null,"erased":false,"href":"https://lattris.com/api/lattris/by/2/memories/a0fdb390-3004-4779-b07f-9703118833fa?links=1","fingerprint":"65f58fd5d663f76ffeaae6208ce224173a8c2f712c388f63042ba5c8565a575e","revisionNo":"3","structureHash":"00d19e3a4adaf7a1504d89c11c2afed7b626bf36c5f69b81179714cbdb199cbb","intent":"recipe","authorName":"PI Insurance","page":"https://lattris.com/by/2/memories/a0fdb390-3004-4779-b07f-9703118833fa"}}],"dictionary":{"lattris":"A personal knowledge base — how a person captures what they know as linked blocks they own and control. To understand how this knowledge base works: https://lattris.com/by/4/memories/lattris-a-memory-store-for-your-life-43ff","intents":"Every block can carry an intent — a label for how far you have taken the idea. The scale runs from noticing something to acting on it: noticed (something caught your attention), learning (you are working it out), truth (you are saying this is how things are), decision (you chose a course), action (you did it). Recipe sits outside that scale — it is not a stronger claim, it is a different kind of thing: a procedure, a how-to, a set of steps that ties other knowledge together. Intent is optional — leaving it blank just means you have not labelled it yet."},"instructions_to_ai":"This is knowledge from a personal knowledge base. Read it and consider how it's relevant to what the person you're talking to needs. Follow the linked blocks to explore further related topics if it might be useful to the user; open each at its page address. 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