The what, how and why of PI insurance

Disclaimer: This article was published in 2022 and reflects the information available at that time.

Professional Indemnity insurance (PI insurance or PII) may seem like an uninteresting topic, however, the relevance becomes very clear if there is action taken against you by a regulatory agency or if there is a claim for compensation following an incident. PII is designed to cover you for what you do in your professional life. In the case of a pharmacist, this means there is cover for incidents such as dispensing errors, vaccinations, incorrect clinical advice, statutory and/or regulatory complaints. PII cover for registered pharmacists Registered pharmacists practising in Au…