Comprehensive and Competitive Professional Indemnity Insurance Cover for Surveyors, Energy Assessors, Estate Agents and Property Managers
ANNUAL PROFESSIONAL INDEMNITY INSURANCE PREMIUMS
Professional
Indemnity
Cover
Total Annual Premiums for the following
Annual Fee Bands:

(including Insurance Premium Tax @ 5%)
up to
£100,000
£100,001 to £200,000 £200,001 to £250,000
£100,000 £183.75 £236.25 £294.00
£250,000 £225.75 £288.75 £357.00
£500,000 £341.25 £446.25 £546.00
£1,000,000 £525.00 £682.50 £840.00
£2,000,000 £1,050.00 £1,207.50 £1,365.00
 
Professional
Indemnity
Cover
Total Annual Premiums for the following
Annual Fee Bands:

(including Insurance Premium Tax @ 5%)
£250,001 to £300,000 £300,001 to £350,000 £350,001 to £400,000
£100,000 £357.00 £414.75 £472.50
£250,000 £430.50 £504.00 £572.25
£500,000 £656.25 £766.50 £876.75
£1,000,000 £1,008.00 £1,176.00 £1,344.00
£2,000,000 £1,533.00 £1,701.00 £1,869.00
 
If your annual fees are over £400,000, or your require cover above £2,000,000 please call our freephone quoteline on 0800 055 60 83 or Click Here.

N.B. All of the above rates apply to risks with the following features/activities:
  • Quantity Surveying
  • Estate Agency/Lettings
  • Council Tax Rating
  • Stocktaking
  • Arbitration / Expert Witness
  • Planning Supervisor
  • Mortgage Broking/Sales – Introducer only
  • Insurance Agency / Building Soc Agency – Introducer only
  • General Insurance Sales
  • Domestic and Commercial Energy Assessment
  • Auctioneering-livestock/chattels – no fine art and antiques or bloodstock
  • Residential property management
  • Town planning

All risks with the following features or fees derived from the following activities should be referred to underwriters:

  • Fine art antique or bloodstock auctioneering
  • Project monitoring work for funders
  • Fees relating to pensions, pension fund management/trusteeship/administration, endowments, other life assurance, mortgages, unit trusts, conventional investment trusts, split capital investment trusts or private client portfolio management.
  • Independent Financial advice, now or in the past, unless carried out on an introductory only basis.
  • Asset management
  • Commercial Property Management
  • Investment Agents
  • Contract values greater than £2m or greater than £10,000,000 in respect of quantity surveying only
  • Quantity Surveyors based in Northern Ireland
  • Fees derived from any of the following:
    • Property development
    • Setting out
    • Architectural activities
    • Agricultural related activities
    • Project management/project coordination
    • Building surveying
    • Residential or commercial surveying and valuing
    • Home Information Packs
    • Home Condition Reports

Professional Indemnity Scheme
Terms & Conditions:

 

* All risks must have all of the following features:

  • No claims or circumstances in last 6 years
  • All principals must have relevant qualifications or a minimum of 3 years relevant experience
  • Proposer has not at any time been refused similar insurance, or had any policy cancelled or voided at any time
  • All fees derived from UK including Jersey and Guernsey clients and work carried out in the UK including Jersey and Guernsey
  • No work carried out offshore
  • No manual work carried out
  • Proposer’s activities have not changed materially during the past 6 years, or for as long as they have been trading if less than 6 years

If you do not comply with all of the above please contact our office on 0800 055 60 83 as we may be able to quote terms with other insurers.

 

* All premiums quoted are inclusive of Insurance Premium Tax @ 5% & Policy Fees.

 

* The professional indemnity limit of indemnity is for Any One Claim, excluding costs and expenses.

 

* £500 policy excess each and every claim, increasing to £1,000 each and every claim where fee income is £300,000 or more.

 

* Retroactive Date: Inception (if you have previously held professional indemnity insurance cover please advise us of the retroactive date so that we can refer to insurers for the retroactive date to be carried forward)

 

* Territorial Limits: Worldwide

 

* Jurisdiction: Worldwide excluding USA/Canada

 

* Satisfactorily completed proposal form and payment of premium

 

* Standard policy wordings and warrantees

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If this scheme does not appear to be suitable for your business activities and/or the size of your company please call
0800 055 60 83 or
CLICK HERE.