IFA 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 a 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 IFA PI cover:
- Provides compliant cover for FSA registration
- Includes mortgage mediation, non-investment insurance
contracts
- Covers errors or omissions in the course of your professional
duties
- Libel, slander or breach of professional confidentiality
- Costs and expenses
Policy Excess
- From £500, depending on the policy and level of indemnity
agreed
Significant or unusual exclusions and limitations
- Commercial insurance, unless otherwise agreed
- 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
- Single premium MPPI/PPI
- Claims by financial institutions
- Criminal acts
- Claims arising from your insolvency
- Claims arising from work carried out in the USA or Canada
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:
For IFA enquiries, please contact Danny Bower on 0114
280 2965 for further information.