Master Insurance Policy

PACFA has negotiated a discounted Master Insurance Policy with Insurance House for both Registered Practitioners and Educators. The policy is available to Individual Members of PACFA at a rate of approximately 30% cheaper than the current industry standard.

The Master Insurance Policy provides $20,000,000 of professional indemnity cover, $20,000,000 of public and products liability, access to 1 hour of free legal advice per year via the Insurance House advice line, and unlimited run-off cover when you retire.

The cost of the Master Policy starts at $176 per year, inclusive of GST, stamp duty, and admin fee. The premium is pro-rata depending on when you purchase the insurance throughout the year, as per below:

 State  Full-Year Premium  August September  October  November December Jan-Jun 
 NSW / QLD / TAS / NT / VIC / SA / WA  $182  $172  $167  $162  $156  $151  $146
 ACT  $176  $167  $163  $158  $153  $149  $144

Please Note: the Master Policy Option is not open to Registered Psychologists. Please refer to the Individual Insurance Page for information on how to obtain insurance as a Registered Psychologist.

For further information, please refer to the documents below. 

Download the PACFA Master Information Sheet

Download the Notice to the Proposed Insured, which sets out some important facts about this insurance policy.

Download the Policy Wording and Insurance Policy for details of the Policy.

Download the Financial Services Guide which contains terms and conditions.

Download the Approved Modalities List. Through PACFA, you are able to purchase insurance for any of these listed modalities. 

Download the Insurance Premiums 2021/2022

To apply for PACFA’s Master Insurance Policy, Individual Members can apply either:

  • At the time of applying for individual PACFA Membership
  • At the time of renewing for individual PACFA Membership
  • At any other time if you wish to switch to the PACFA Master Policy from your current insurance provider. To apply at any time, please purchase the insurance through the PACFA Shop. You will then be sent an application form and confirmation of payment, please send your application form to

To apply you must be an Individual PACFA Member, Member Association Members are not eligible for the discounted Master Insurance Policy. Member Association Members are only eligible for Individual Insurance.