Professional Indemnity Insurance designed specifically for letting agents, to protect your business
Our Professional Indemnity Insurance is brought to you through a partnership between Custodian and Let Alliance and is underwritten by Axa Insurance UK Plc.
It meets the demands of a fast changing economic, political and legal landscape:
Breaching a statute
The Estate Agents Act 1979, The Consumers, Estate Agents and Redress Act 2007 and the Consumer Protection Regulations. Our policy is there to protect you.
Your employee making a mistake
Our policy covers employees as well as directors and partners, also including cover for a third party claim arising from your identity theft by an employee.
The Ombudsman awarding against you
Our policy will support you.
Protection is given for breach of privacy, virus costs, electronic trading and document storage, plus cover for liability to Legionella exposure.
Cover and benefits including:
- Civil liability
- Infringement of intellectual property rights
- Dishonest acts of employees
- Dishonest acts of partners/directors
- Loss of documents up to £250,000
- Mitigation of loss coverage
- Ombudsman awards
- Property agents statutory obligations
- Joint agency appointments
- Representation costs
- Electronic trading risks
- Innocent non-disclosure
- Data Protection Act costs up to £250,000
- Compensation for court attendance up to £500 for partners/directors and £250 for others
- Prosecution defence up to £500,000
- Privacy costs up to £25,000
- Virus costs up to £20,000
- Pursuit costs up to £20,000
- Liability to Legionella exposure
- As a property professional practice may not have a static base of partners, our policy wording automatically protects you from a claim arising from a former partner
To get a quote or for further information call our Insurance team on 01244 421 167.