Free fact finder · Australia
Management consultants' insurance fact finder
Every question the management consultants' professional indemnity forms ask, asked once in plain English. Send it to your client and their answers fill each insurer's form.
- No login needed
- Fillable PDF with your logo
- 98 questions
- Written for AU rules
What it asks
The questions underwriters ask, in plain English.
Each one comes with a line saying why it's asked, so your client answers fully the first time.
- 1Which services does the firm provide? Tick all that apply.Each service carries a different risk. Financial, M&A and technology advice cost the most to insure.
- 2What were the firm's gross fees for the last completed financial year?Fee income is the main measure insurers use to price professional indemnity.
- 3Does the firm give financial product or investment advice?Investment advice is regulated and usually excluded from a consultant's policy unless declared.
- 4Does the firm work for clients in nuclear, chemical, aviation or power generation, other safety-critical operations, or financial trading platforms?A mistake in a safety-critical or trading setting can cause very large losses.
- 5Do they promise no more than reasonable care and skill (no guarantee of results)?Promising a result, rather than care and skill, takes on liability most policies do not cover.
- 6Does the firm ever sign hold harmless agreements, or give up its right to recover losses from subcontractors or others?Giving up those rights can stop your insurer recovering a claim from the party at fault.
- 7Is anyone in the firm aware of a mistake, complaint or situation that could lead to a claim?Anything known before cover starts is excluded unless declared now.
The firm
Entity, people, professional bodies, licences, and the split of fees by state for stamp duty.
Services
Tick the services, then the share of fees for each: strategy, change, process, HR, finance, M&A, technology and more.
Clients and higher-risk work
Client types and sizes, safety-critical sectors, investment advice, valuations and corporate advice.
Contracts and risk management
Engagement terms, liability caps, consequential loss, variations, hold harmless agreements, money controls and cyber.
Claims, insurance and needs
Past claims and circumstances, current cover and retroactive date, the limit wanted and why.
How it works
- 1
Open it and try it
Answer it on the page as your client would. Follow-up questions appear as you go. Nothing is saved.
No login
- 2
Send it, or download the PDF
Send your client a link to answer by form or chat, with reminders sent for you. Or download a fillable PDF with your logo.
PDF free, no email
- 3
Fill the insurers' forms
When your client answers, one click starts each insurer's form with their answers in, and drafts a needs summary for you to finish.
Free 14-day trial
Minimum cover
What sets the limit
We know of no regulator that sets a minimum professional indemnity limit for management consultants in Australia. Check any licence or membership the business holds.
- Client contracts and tenders
- The limit is usually set by client contracts, government panels and tenders.
A summary, not advice. Check each client contract for the limit it asks for before choosing one.
Free tool or a free trial
The fact finder is free. A trial does the forms.
Free, no login
Everything you need to use it.
- The whole fact finder, answered as your client would
- How much of each insurer's form it fills
- Fillable PDF with your firm's logo
With a 14-day free trial
Your client answers once. No card needed.
- Send it as a link: answered by form or chat, with reminders
- Upload a PDF your client filled in and the answers are read in
- Start each insurer's form with your client's answers in
- A first draft of the client's needs summary
- Next year, your client only confirms what changed
Before you ask
Questions about the management consultants fact finder.
- Is the management consultants' fact finder really free?
- Yes. Answer it on the page as your client would, and download it as a fillable PDF with your logo, with no login and no email. Sending it to a client as a link comes with a free 14-day trial.
- How does it fill the insurers' forms?
- Each question is linked to the same question on the management consultants' forms in the Coverbound Form Library. Starting an insurer's form puts your client's answers in, and they confirm them instead of typing them again. The rest of each form, mostly tables of names, contracts and past claims, they answer there.
- Which insurers' forms does it fill?
- Management consultants' and consulting professional indemnity forms from AIG, DUAL, Pacific Indemnity and QBE. The page shows how much of each one it fills.
- Can my client fill in the PDF instead of answering online?
- Yes. It's a real fillable PDF they can type into in any PDF reader. When they send it back, upload it to your account and the answers are read straight in.
- Does it work out the cover my client needs?
- No. It collects what your client tells you and drafts a needs summary in their own words for you to finish. The advice is yours.
Ask once. Fill every form.
Open the fact finder, try it as your client and download the fillable PDF. No login needed.
Open the fact finder