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S9E1 PI Insurance with Richard Silberman
"Sorry, our PI insurer says you can't do that - we're not covered."
"Our PI says we need to have this 27-step process in place before you can recommend an industry super fund."
"That's what's so good about wholesale advice - PI doesn't care, it's not covered!"
Nathan and Jordan have long suspected the PI insurers have been used as a convenient boogeyman for lazy, or perhaps dodgy, licensees to threaten advisers with.
The kind of ogre that only the licensee can speak with, because advisers couldn't possibly understand the intricacies of professional indemnity insurance.
Which is why they asked…
The skinny
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