• Debt management

    Professional indemnity insurance.

Debt Management Professional Indemnity insurance

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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