Estate Agents Professional Indemnity Insurance
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Vital for any business offering professional advice or services in the property sector, including Estate Agents, Letting Agents, Property Management Companies and Surveyors. Professional and regulatory bodies require members to take out PI Insurance and will usually stipulate the minimum levels of cover required.
Estate Agents Policy Highlights
Policy Highlights Vital Protection
Client demands place greater responsibilities on Professionals than ever before, leaving Professionals more vulnerable to being sued. Professional Indemnity Insurance is an essential part of protecting both your business and your professional reputation.
Scope of Estate Agents Cover
Full civil liability cover for claims arising from professional services carried out by you.
Loss of money or property (other than that of employees) as a result of an employees dishonesty.
Costs incurred replacing or restoring documents.
Defence costs – for example, incurred in dealing with investigaton and defence of proceedings brought under the Health and Safety at Work Act, The Estate Agents Act and The Construction (Design & Management) Regulations 1994.
Cover for awards made by the Ombudsman for Estate Agents Scheme, the Surveyors and Arbitration Scheme and adjudications made under the Housing Grants Construction and Regeneration Act 1996.
Compensation for court attendance in connection with a claim and cover for costs incurred for representation at tribunals and hearings.