RUNNING LATE FOR YOUR PII RENEWAL? GET A FREE QUOTE NOW
RUNNING LATE FOR YOUR PII RENEWAL? GET A FREE QUOTE NOW
Professional indemnity insurance helps cover the expenses of compensating clients for any losses or damages caused by mistakes or bad advice given by a business or person. It's like a safety net for your business, offering protection in case something goes wrong.
Professional indemnity insurance helps protect you if someone makes a claim against you for mistakes or problems caused by your work or advice. It covers you if a client or another party claims they've suffered because of errors or negligence in your services or advice. This insurance is important because even if you offered your services for free, you could still face compensation claims.
Whether you’re a sole practitioner or a large firm you can enjoy:
1) AI 2017 & 2018 Legal Awards Winner – Best Professional Indemnity Insurance Broker – UK
2) SME Northern Enterprise Awards 2019 – Professional Indemnity Brokers of the Year 2019
Professional Indemnity Insurance from Legal Ex Plus covers the cost of defending any allegations or claims made against you, giving you peace of mind in the knowledge that your business will not have any fees to pay out of your own pocket.
Legal Ex Plus Insurance
A Professional Indemnity policy with Legal Ex Plus will also protect you against claims resulting from:
Solicitors Professional Indemnity Product Cover
Eligibility
All solicitors in England and Wales
A team of specialists will personally guide and support you any time you need to report a circumstance or claims.
Contact us today for a quote or find out more by calling 0800 180 4203.
Frequently asked questions about solicitors Professional Indemnity insurance:
1. What is Professional Indemnity insurance (PI)?
Solicitors Professional Indemnity Insurance provides cover should a third party suffer a financial loss as a result of your professional error, omission or negligence.
2. What limit of indemnity do I need?
We recommend you check the Solicitors Regulation Authority requirements. It’s always good business practice to also review your contracts, both pending and current, to assess whether your limit is sufficient taking into account if a claim is made in a number of years.
3. Will my policy cover my past work?
Yes. The PI policies we arrange provide cover retrospectively.
4. Would my policy respond if I have a claim for work I undertook three years ago before I moved to Legal Ex Plus?
Professional Indemnity Insurance is constructed on a claims made basis and therefore it is the policy in force when the claim is made, which would respond, regardless of when the work was undertaken, subject to policy terms and conditions.
We are specialists in Professional Indemnity Insurance and have produced a range of easy to read guides on the subject.
Written by experts, our guides cover a wide range of subjects from a helpful buyers’ guide to the important things to consider when deciding the right level of insurance for your business.
All of our highly informative guides are available to read or download with our compliments.
If you don't find what you are looking for and would like some more information, not a problem and we are here to answer your questions. Just call us on 0800 180 4203 to speak to a Professional Indemnity Insurance expert or email info@legalexplus.com.
Guide To Run Off Insurance
Guide To Professional Indemnity Insurance
Why You Need An Insurance Broker
The Insurance Act
Solicitors' Professional Indemnity Insurance
Your Limit of Indemnity
Your Insurance Policy Obligations
Your Duty of Disclosure
PI Insurance Market – Facts and Figures
Our Tips To Reduce Your Professional Indemnity Premium
Guide To Professional Indemnity Insurance Claims
Guide To Surveyors’ Professional Indemnity