• Mortgage brokers

    Professional indemnity insurance.

Mortgage Brokers' Professional Indemnity Insurance

Mortgage brokers professional indemnity insurance

For many professionals, the prospect of a complaint or allegation of negligence is one of the most stressful situations they can face and can be quite daunting. Having professional indemnity protection in place often eases this anxiety, while providing reassurance to clients.

Through our team of experienced advisers, our policies provide cover and advice for allegations 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 mortgage brokers PI cover

  • FCA compliant cover for mortgage and general insurance intermediaries
  • Flexibility to extend to non-regulated commercial loans/finance etc
  • Flexibility to extend to IFAs, estate agents, letting agents and debt management professionals
  • Indemnity that you become legally liable to pay arising from any allegations or claims made against you
  • Court attendance costs: we may pay some or all of your costs
  • Defamation (libel and slander)
  • Loss of documents
  • Data Protection Act breach
  • Unintentional breach of copyright
  • If a complaint about you is referred to an Ombudsman we will cover you for compensation you have to pay
  • If you are directly authorised by the FCA you can rest assured that you are buying cover that meets their criteria

Policy excess

From £500, depending on the policy and level of indemnity agreed.

0344 892 1789

This is a summary of cover options, for further details including exclusions and limitations please ask us for further details.