Professional Indemnity Insurance
Renew your firm's professional indemnity insurance.
2.95% flat rate for members of Queensland Law Society when funded over 10 months.
Manage your cash flow by financing your insurance costs with Westpac's insurance premium finance.
- Interest rate fixed for 10 months
- More manageable monthly payments help streamline cash flow
- Set-and-forget direct debit payments from your bank account
- Simple, no-fuss application process
- Minimum finance amount $5,000.00 (combined firm and practitioner costs must exceed $5000.00)
If you have any questions or require assistance please contact the IPF team.
Frequently asked questions
At the end of the application process there is a PDF copy of the offer to borrow. If you didn’t get a copy during the application process you will need to sign in to download a copy. You may need to request a new password.
Make sure you’re using the Firms Qld Law Society Firm ID number.
Email qls@westpac.com.au or call 07 3516 2685.
If the firm’s professional indemnity amount is incorrect change the finance details from I’d like to “Pay the full quote amount” to “Pay fixed amount” and enter the total amount to be funded. The QLS may contact you to confirm the allocation of funds.
Change the finance details from I’d like to “Pay the full quote amount” to “Pay for firm or specific practitioners” and uncheck the box beside the practitioners’ name.
Change the finance details from I’d like to “Pay the full quote amount” to “Pay for firm or specific practitioners” and then use the Add Practitioner button. The CRN number is the individual practitioners QLS membership number.
Change the finance details from I’d like to “Pay the full quote amount” to “Pay for firm or specific practitioners” and then use the Add Practitioner button.
In the First Name enter “Top”, Second Name “up” and the CRN number enter “Firm ID”.
This is the firms Qld Law Society number and can been found on the organisation pro-forma invoice.
Your password will expire after 20 minutes and you’ll need to request a new password if it’s expired. If you’ve requested a password more than once you’ll need to use the most recent password.
The password is sent to the “Authorising Partner” as per Qld Law Society records and can take up to 10 minutes to arrive. Make sure to check your junk folder.
Things you should know
1. Only Australian or United Kingdom licensed insurers / underwriters are acceptable.
2. The taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and their interpretation. Customers must seek their own independent tax advice in relation to their individual circumstances.
Credit criteria, fees, charges, terms and conditions apply. Talk to your banker for product details.
Find out what information you need to provide to become a customer