Renewal of Professional Indemnity Insurance scheme 2022

user hkast Nov 26th, 2021

The current Professional Indemnity insurance scheme shall expire on 31.12.2021.

See below for insurance renewal.


Charterlloyd Insurance Brokers Ltd.

HKAST collaborates with Charterlloyd Insurance Brokers Ltd to provide a Professional Indemnity Insurance package to our Full Members, which protects speech therapists against any unfair allegation of professional misconduct at the hearing of professional association by the support of legal presentation and its associated expenses, which may be a huge sum of cost.

Individual Professional Indemnity Insurance is also mandatory for speech therapists to register for Hong Kong Institute of Speech Therapists (HKIST).


a) Insurer shall pay, to or on behalf of the Policyholder, the Loss in respect of any civil liability which the Policyholder incurs as a result of any Claim first made and reported to Insurers during the Period of Insurance which arises from any breach of a professional duty of care in the provision of the Professional Services.
b) Legal costs and expenses: Insurers shall pay reasonable and necessary costs and expenses incurred by the Policyholder in the investigation, defense and settlement of any Claim of coverage

Eligibility : Full Members of The Hong Kong Association of Speech Therapists

Limit of Liability :

HK$10,000,000 any one claim and HK$40,000,000 in the aggregate inclusive of legal cost and expenses
(the limit above shall be shared by all insured members)

Extensions & Endorsements:

  1. Loss of Documents
  2. Libel and Slander
  3. Amended Definition of Insured (Individual)
  4. Good Samaritan Acts Extension
  5. Prescription Exclusion
  6. Inquiries (HK$500,000 per insured member & HK$5 million inaggregate)
  7. Intellectual Property Rights Extension
  8. Fraud & Dishonesty Extension
  9. Continuous Cover

Geographic limit : Worldwide excluding USA and Canada

Jurisdiction : Hong Kong

Deductible : HK$5,000 each and every claim

Annual premium, incl. brokerage, fee & IA levy: HK$680 per insured member (subject to change)

Coverage summary – PI – The HK Association of Speech Therapist 2022

Declaration Form – The HK Association of Speech Therapists 2022 (Fillable)