Lawyers: professional indemnity requirements in Tasmania
Cover for legal liability arising from professional advice or services, written on a claims-made basis.
Data as at
Verified for Tasmania
- Licence liability condition: Yes, and Tasmania spells out the mechanism. Section 45 requires that the prescribed authority "must not grant or renew a local practising certificate unless... the lawyer will... be covered by professional indemnity insurance that complies with this Act", and must impose a condition on the certificate to that effect. Section 46 makes failing to comply with that condition an offence. TAS · effective 2007-12-01 Tasmania Government · 2026-08-25
- Licence evidence required: At grant and at renewal, with a seven-day notification duty if cover is going to lapse. The offence provision means a gap is not merely an administrative problem. TAS · effective 2007-12-01 Tasmania Government · 2026-08-25
- Licensing body: The legal profession regulator for the jurisdiction, under the Legal Profession Act 2007 (Tas). The credential is a local practising certificate, granted and renewed annually. TAS · effective 2007-12-01 Tasmania Government · 2026-08-25
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
- Law Society of New South Wales — Law Society of NSW — professional indemnity insurance
- Victoria Government — Victoria — consolidated legislation
- 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