Debt Management professional indemnity insurance
For many professionals, the prospect of a complaint or
allegation of negligence is one of the most stressful professional
situations and can be quite daunting. Having professional indemnity
protection in place often eases this anxiety as well as providing
reassurance to clients.
Through our team of experienced advisers, our policies provide
cover and advice for allegations or claims of professional
negligence. Awards will include costs and expenses incurred to help
alleviate the personal and financial stress of dealing with a claim
or serious allegations of neglect.
Key features of our Debt Management PI cover
- Flexible cover options
- Cover for sale and rent-back (SRB)
- Cover variations up to £3 million
- Libel and slander
- Breach of confidentiality
- Infringement of copyright
- Payment of fines associated with Data Protection Act
breaches
- Dishonesty of staff
- Indemnity to employees
- Predecessors in business
- Loss of documents cover, up to £100,000
- Legal costs and expenses included
Policy excess
- From £500, depending on the policy and level of indemnity
agreed
Significant or unusual exclusions and limitations
- Claims or circumstances that you already know about when you
take cover with us
- Claims that arise from any circumstance about which you have
previously notified another insurer or defence body
- Insolvency practitioner work
- Claims by financial institutions
- Dishonesty of directors/partners/principals
- Criminal acts
- Claims arising from your insolvency
- Claims arising from work carried out outside the United
Kingdom, Channel Islands or European Union
This list is not exhaustive and for further information on the
policy, specific to your profession, please see the policy terms
and conditions, or speak to a member of our PI team:
Documents
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