What is Management Liability Insurance?
Management Liability Insurance is designed to help your business cover extra costs incurred to defend a legal claim, replace property which is lost due to employee dishonesty, or pay for professional fees if you’re audited for tax purposes.
Management Liability Insurance is available as part of our Business Insurance Pack only, not as a standalone product.
What our Management Liability Insurance covers
What Directors and Officers Liability covers
What Employment Practices Liability covers
What Crime covers
What Tax Audit covers
What’s not covered
Part B: Employment Practices Liability
Part C: Crime
Part D: Tax Audit
Do you need Management Liability cover?
Management Liability Insurance can help protect your business from incurring legal costs or paying compensation in the event of a claim. It can also protect owners and managers that may be exposed to personal loss.
Businesses of any size can experience undesirable surprises in the form of third-party claims that could put a strain on your cash flow. That’s why it’s important to consider the management liability risks your business may face and the insurance options available to you.
Why choose us?
Instant Certificate of Currency
Pay monthly at no extra charge1
Specialist Business experts
Frequently asked questions
The cost of our Management Liability Insurance depends on a number of factors, including the claim limit required and your business type.
Professional Indemnity Insurance covers you against claims brought against your business by third parties for professional advice or services provided which have resulted in a loss to a third party. This isn’t covered under our Management Liability Insurance covers. Give our team a call on to ask about Professional Indemnity Insurance.
Our Management Liability Insurance covers liability for loss caused by a management wrongful act (Directors and Officers), liability for an employment practices breach such as discrimination or sexual harassment (Employment Practices Liability), loss of property caused by employee dishonesty (Crime) and/or reasonable professional fees incurred if audited for tax purposes (Tax Audit).
You can only buy Tax Audit cover online as part of our Business Insurance Pack, which includes Public and Products Liability Insurance. Get a quote and add Tax Audit cover and other additional covers to suit your business.
Our Management Liability Insurance covers are only available to buy as part of the Business Insurance Pack. You’ll need to buy Public Liability Insurance as a mandatory cover and add on Management Liability Insurance covers.
Get a quote online for Tax Audit cover, or call our team of specialists on to get a quote for one of our other Management Liability Insurance covers.
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- Pay by the month (Payment instalments)
Premiums payable by instalments may be subject to minor adjustments (upwards and downwards) due to rounding and financial institution transaction fees may apply.
- Online discount terms and conditions
A premium discount of up to 10% is applied to your first year's premium when you buy a new Business Insurance Pack policy online.
Please note that the online discount doesn’t apply to Commercial Vehicle cover, Goods In Transit cover or the following Management Liability covers: Directors and Officers Insurance, Employment Practices Liability, or Crime Insurance (which are only available from our contact centre).
This discount isn’t applied at renewal.
- Minimum premiums may apply
Any discount and/or entitlements may be subject to rounding and only apply to the extent that any minimum premium isn’t reached.
If you’re eligible for more than one discount, we apply them in a predetermined order. This means the effect of applying any subsequent discount will be applied to the reduced premium amount after applying any prior discounts. For example, the aggregate effect of applying two discounts consecutively means that you won’t see the full benefit of both these discounts.
Discounts don’t apply to taxes or government charges. No discounts are applied to Commercial Vehicle cover.
- Management Wrongful Act(s)
Management Wrongful Act(s) means any actual or alleged breach of duty, breach of trust, act, error, omission, neglect, misstatement, misleading statement or breach of warranty of authority. It doesn’t include any employment-related discrimination, wrongful dismissal, workplace or sexual harassment, or other employment practices breaches as defined in the, committed by any Insured Person.
Any advice here does not take into account your individual objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision about this insurance, please consider the relevant for this insurance are available on this website.(if applicable). Where applicable, the PDS/Policy Wording, Supplementary PDS and
Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 is the insurer of any general insurance products offered on this website.
Allianz Australia Life Insurance Limited ABN 27 076 033 782 AFS Licence No. 296559 is the insurer of any life insurance products offered on this website.