Professional Indemnity

At any time (meaning at any month of the year), any member who signs up for the PI Insurance cover, the period will start from the time the member signs up. The expiry date will always be on 31st December of the same year no matter when the member signs up. 

For example, for the year 2026 and the member is L4, the coverage period starts from Jan 2026 to Dec 2026 and the amount is $152.60. This policy will expire in Dec 2026. There will be no carry forward or backdating of the mentioned policy.

If the member signs up during the Jan to June period of the year, the premium payment is at 100% of the respective amounts stated in the above table.

If the member signs up during the July to Dec period of the year, the premium is at 50% of the respective amounts stated in the above table. 

For example, if the member signs up in Oct 2026 and the member is L4, the coverage period starts from when payment is received to Dec 2026 and the amount is $76.30. This policy will expire in Dec 2026. There will be no carry forward or backdating of the mentioned policy. When 1 Jan 2026 arrives, the same member will have to pay for 100% of the premium for the year 2026.

For more information, you may contact us at secretariat@apacs.org.sg