We have been doing our research into the Professional Indemnity Insurance options offered by the MIA and Migration Alliance (MA), given that they are the two peak membership associations in the migration advice profession.

Let's start with the basics.  MIA charge members (joint members of MA) an annual membership fee.  Migration Alliance does not charge an annual membership fee.

Reason would have it that MIA members would then be given access to great savings and well-negotiated deals on essentials such as Professional Indemnity Insurance through their membership association.  Nope.

Here are the results of our research on Professional Indemnity Insurance as at 21 May 2018:

MIGRATION ALLIANCE PI DEAL:

Provider: BizCover

$75,000 to $150,000 Salary

$250,000 of Professional Indemnity Insurance

Annually: 327.75 without the Migration Alliance discount (fees included in price)

Annually: $238.85 with the Migration Alliance discount  (this price will vary depending on the State / Territory, revenue level, and number of employees) - updated 22 May

MIGRATION INSTITUTE OF AUSTRALIA PI DEAL

Provider: Fenton Green

$100,000 salary range (approximately)

Annually: $463.04 without discount

Annually: $403.04 with the MIA discount

 

Conclusion: Buy your Professional Indemnity Insurance through BizCover.  Quote MABIZ001 to get your Migration Alliance discount.  The Migration Alliance discount is 38% using the Code:  MABIZ001.  Please email This email address is being protected from spambots. You need JavaScript enabled to view it.