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Membership - Benefits - Insurance

 

A key benefit of becoming an REIQ accredited agency is access to a range of comprehensive insurance packages brokered by Aon.

Professional Indemnity Insurance
Combined Office Insurance
Employee Benefit Service/ Income Protection

Professional Indemnity Insurance

Recognising the importance of Professional Indemnity Insurance among real estate agents, it is a requirement of REIQ membership that all licensed principals (including resident unit managers) hold professional indemnity cover of at least $1 million

Aon is the REIQ’s appointed insurance broker and administers the Professional Indemnity Insurance Facility, which provides one of the broadest and most competitive covers available to agents.

The Professional Indemnity Insurance Facility is underwritten by one of Australia's largest Insurers, QBE Insurance Australia Pty Ltd. Apart from the insurance policy, the facility also provides:

  • A toll-free claim line providing agents with instant access to facility solicitor Carter Newell who will provide legal and claims advice;
  • Risk management articles in the REIQ Journal and online providing up-to-date advice to agents on the types of claims affecting the real estate industry and ways to minimise risk; and
  • Regular risk management training sessions and seminars.

For more information on Professional Indemnity Insurance contact:

Heidi McLachlan
Phone: 07 3223 7400
Fax: 07 3223 7542
Email: heidi_mclachlan@aon.com.au

Combined Office Insurance

This policy provides comprehensive insurance for the premises of real estate agents and resident unit managers. It covers physical loss or damage to the premises, including theft and accidental damage to building, office equipment and public liability.

This policy can be extended, if selected, to include:

  • Loss of revenue / professional fees and increased cost of working due to relocation costs;
  • Loss of cash / money in transit, on the business premises or at a private residence;
  • Glass breakage, including internal and external glass, signs, window stock and displays;
  • Electrical and mechanical breakdown, such as the failure of motors in air conditioners;
  • Computer and electronic equipment breakdown;
  • General property cover, such as portable equipment used away from the premises; and
  • Fidelity guarantee, covering against fraudulent acts or dishonesty of employees.

For more information on Combined Office Insurance contact:

Heidi McLachlan
Phone: (07) 3223 7400
Fax: (07) 3223 7542
Email: heidi_mclachlan@aon.com.au

Other Insurance

Aon can also provide a wide range of insurance services including:

  • Superannuation Services
  • Life Insurance Broking
  • Financial Planning Services
  • Asset Consulting Services
  • Employee Benefit Communication Services

For more information on other insurance needs contact:

Pam Nicholson
Phone: 07 3223 7400
Fax: 07 3223 7542
Email: pam.nicholson@aon.com.au

 

 

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