As a PDL member insured under the PDL Master Policy, you are covered by a policy specifically designed to meet the Professional Indemnity (PI) insurance requirements set by the Pharmacy Board of Australia under the National Law. The policy is tailored to support the unique needs of the pharmacy profession and helps ensure your registration standards are met, while also protecting your livelihood and professional reputation.
Key features of the policy include:
Professional Indemnity: Covers the cost of claims resulting from breaches of professional duty, including legal defence. Representation at inquiries is sub-limited, refer to your policy schedule.
- Limit of Liability: $20 million per claim
- Aggregate Limit: $60 million per year
Public Liability: Covers claims for bodily injury or property damage caused to third parties in connection with your business activities.
- Limit of Liability: $20 million per claim
- Aggregate Limit: $60 million per year
Products Liability: Covers bodily injury or property damage resulting from products you sell or supply.
- Limit of Liability: $20 million per claim
- Aggregate Limit: $20 million per year
Coverage is subject to the terms, conditions and exclusions outlined in the Policy Wording. To ensure the policy responds, pharmacists must be practising within their scope and in accordance with the Pharmacy Board of Australia’s registration standards.
