• Debt management

    Professional indemnity insurance.

Debt Management Professional Indemnity insurance
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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