Conveyancers: professional indemnity requirements in South Australia
Cover for legal liability arising from professional advice or services, written on a claims-made basis.
Data as at
Verified for South Australia
- Licence liability condition: Yes. The Act requires professional indemnity insurance under an approved scheme, with the operative detail in the Conveyancers Regulations. The minimum amount was not retrieved and is deliberately not stated here. SA · effective 1995-09-01 South Australia Government · 2026-08-24
- Licence evidence required: Cover under the approved scheme, evidenced at licensing. The precise timing was not established. SA · effective 1995-09-01 South Australia Government · 2026-08-24
- Licensing body: Consumer and Business Services, under the Conveyancers Act 1994 (SA). SA · effective 1995-09-01 South Australia Government · 2026-08-24
What contracts commonly ask for
Principals and head contractors set their own insurance requirements, and those are frequently higher than a licence condition. The requirement that binds is the higher of the two, and both have to be read from the actual document.
What this cover costs
This site publishes no cost benchmark for this cover. A benchmark needs a real sample of documents, and none is published until the sample is large enough to compute a median honestly. A benchmark from a handful of policies is a guess with a decimal point.
Sources
- NSW Fair Trading — NSW Fair Trading — property and stock agents
- Consumer Affairs Victoria — Consumer Affairs Victoria — domestic building insurance
- Queensland Government — Queensland — consolidated legislation
- Western Australia Government — Western Australia — consolidated legislation
- South Australia Government — South Australia — consolidated legislation
- Tasmania Government — Tasmania — consolidated legislation
- Australian Capital Territory Government — Australian Capital Territory — consolidated legislation
- Northern Territory Government — Northern Territory — consolidated legislation