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ANNUAL PROFESSIONAL INDEMNITY INSURANCE PREMIUMS |
Professional
Indemnity
Cover |
Total Annual Premiums for the following
Annual Fee Bands:
(including Insurance Premium Tax @ 5%) |
up to
£200,000 |
£200,001 to £400,000 |
over
£400,000 |
| £100,000 |
£183.75 |
£278.25 |
please refer |
| £250,000 |
£225.75 |
£336.00 |
please refer |
| £500,000 |
£341.25 |
£514.50 |
please refer |
| £1,000,000 |
£525.00 |
£787.50 |
please refer |
| £2,000,000 |
£1,050.00 |
£1,312.50 |
please refer |
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| 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. |
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N.B. All of the above rates apply to risks with the following features/activities:
- Alcoholics and Families Assistance Services
- Arbitrator/Mediator
- Archaeologist
- Careers Advisory Service
- Company Registrar/Co Search Agent
- Counselling Service
- Fuel Efficiency Consultant
- Funeral Directors
- Genealogist
- Handwriting Expert
- Immigration Consultants to OISC Level 1
- Interior Designers - non structural
- Law Cost Draughtsman
- Landscape Architects - non structural
- Marriage Guidance Counsellors
- Museum
- Personnel/HR/Training/Careers Advisors
- Photographer
- Photographic Library
- Relocation Agent
- Small Business Advisory Service
- Statistician
- Stocktaker
- Tourist Association
- Translator
All risks with the following features or fees derived from the following activities should be referred to underwriters:
- Contract values greater than £1m.
- Landscape Architects involved in design of sports surfaces, any work of a structural nature
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Professional Indemnity Scheme
Terms & Conditions:
* All risks must have all of the following features:
- No claims or circumstances in last 6 years
- The majority of 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 01384 423 888 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.
* £250 policy excess each and every claim, increasing to £500 each and every claim where fee income is £200,000 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 excluding USA/Canada
* Jurisdiction: Worldwide excluding USA/Canada
* Satisfactorily completed proposal form and payment of premium
* Standard policy wordings and warrantees |
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OTHER QUOTES |
If this scheme does not appear to be suitable
for your business activities &/or the size of your company please call 01384 423 888 or CLICK HERE. |
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