As a professional, any advice that you provide your clients is potentially legally binding.
Professional indemnity (PI) insurance has been developed to protect you and your business in the event of a client making a claim against you as a result of non-performance, breach of duty of care or professional negligence. Our professional indemnity cover can provide comprehensive cover at competitive premiums. The policy protects your business from potential financial catastrophe, so you can work worry free. It can help protect your business from potential financial catastrophe and reputation damage from dissatisfied clients.
The policy is tailored specifically to cover the work carried out by managing agents, which results in competitive premiums. For example, most agents do not carry out surveys themselves, so at Deacon survey cover is optional.
What are the benefits for managing agents?
The policy is specific to the work carried out by managing agents, which results in competitive premiums. For example, managing agents may not conduct surveys themselves, and yet some PI policies automatically charge for this in the cover.
At Deacon, we believe companies should not pay for cover they don’t need. If required, surveys can be included as an additional option.
There are a range of cover options available from our well-known panel of providers*:
Survey, valuation & insurance work
Standard cover excludes claims arising out of, based upon or attributable to any survey, valuation and insurance work performed for any client.
Call Deacon and we will send a proposal form for you to complete and return. Or visit www.deacon.co.uk/agents where you can download a proposal form. Send your completed form to us at firstname.lastname@example.org or call free on 01202 449612.
For a copy of our guide to professional indemnity (PI) insurance* and the cover the policy provides, click here
*As with all insurance policies, the policy is subject to limits, conditions and exclusions. For full terms and conditions please refer to the policy wording available on request. This document does not purport to be comprehensive or to give legal advice. While every effort has been made to ensure accuracy, Deacon cannot be held liable for any errors, omissions or inaccuracies contained within the document. Readers are always recommended to take further professional advice before making any decisions.