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Debt Management professional indemnity insurance
Because of the profile of its customers, the debt management
sector is one that attracts a high degree of scrutiny from the
regulator, the media and indeed, the government. This can sometimes
leave debt management professionals vulnerable to allegations of
professional negligence.
Towergate Lifestyle has experience of working with a wide range of
niche professional indemnity clients, so we recognise the risks you
face and are able to apply the most dependable solution for
you.
Drawing on Towergate Lifestyle’s specially-negotiated arrangements
with reputable insurers, this policy will provide protection
against allegations of professional negligence when you need it
most.
Benefits to you
- Can include sale and rent-back activities (SRB)
- Cover for all other debt management programmes
- Payment of costs that you become legally liable to pay arising
from any claims made against you
- Costs and expenses incurred
- Loss of documents
- Payment of fines associated with breaches of the Data
Protection Act