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1. IFA policy exclusions
(Blog Articles/PI News Related)
... deciding to remain in the IFA market. The next few years could be a very testing time for the IFA’s profession if Professional Indemnity costs do rise as the FSCS also seem likely to introduce increased ...
2. Professional Service, Reasonable Cost
(Newsflashes/Newsflash)
I've been very pleased with the professional service provided in helping me secure an increased indemnity insurance at a reasonable cost. ISO 9001 Consultants and Training, West Midlands - March 2011 ...
... indemnity insurance premiums will rise as a result bringing yet more cost on advisers. The FSA is expected to confirm the Financial Ombudsman Service’s new award limit is to rise from £100,000 to £150,000. ...
4. Changes to the Tenancy Deposit Scheme
(Blog Articles/Broker)
... being made by a tenant.  This claim can amount to the return of the deposit, the payment of a penalty of 3 times the amount of the deposit and also any court costs. A Failure to provide information about ...
... indemnity insurance) needs to change to provide more incentives for the profession to deal with the small number of poorly run firms by transferring the costs of the ARP more explicitly to the profession. ...
... in the UK. IFAs with a Quinn Insurance policy will have to seek a new insurer when their current policy comes up for renewal, possibly increasing the cost. Citywire 20 April 2010  ...
7. Town Planners
(site sections/Sectors Covered)
... are civil liability wordings and what we refer to a legal wordings.  Cover can be offered on an each and every claim or an aggregate basis with the legal defence costs being dealt with in one of two ...
8. Town Planners
(site sections/Sectors Covered)
... a number of ways.There are civil liability wordings and what we refer to a legal wordings.Cover can be offered on an each and every claim or an aggregate basis with the legal defence costs being dealt ...
9. Genealogists
(site sections/Sectors Covered)
... basis with the legal defence costs being dealt with in one of two ways, see "The usual cover" below. Genealogists are categorised by most insurers as a miscellaneous risk business which is to say they ...
10. PI Express
(site sections/Quotes)
... Services Landscape Architect Agricultural Consultants Law Costs Draughtsman Archaeologists Law Search Agent Average Adjusters Literary Agent Book Keepers ...
11. Acoustic Consultants
(site sections/Sectors Covered)
... extensions may include Collateral Warranties, loss of documents, Pollution and on occasionally, some insurers will offer cover for the litigation costs of recovering unpaid fee accounts. Ask to see a copy ...
12. Run off PI
(site sections/Sectors Covered)
... years have been lower than average or you entered run off early in the previous year. What sort of premium can I expect to pay in run off? A rule of thumb is that the cost of the first year of run-off ...
13. PI Forums terms of use
(site sections/Other)
... Hammond Professional Indemnity Consultants Limited harmless from and against any and all claims, losses, liability, costs and expenses (including legal fees) incurred by Hammond Professional Indemnity ...
The boss of Britain's biggest house builder, Taylor Wimpey, says he is "concerned and frustrated" by the valuation of homes in the UK, warning that it is costing the company sales as cautious lenders put ...
15. Advantage Solo Members
(site sections/Quotes)
... makes comparing PI policies very difficult with phrases such as “Civil wording” against “Legal Wordings” or “Costs in addition” against “Costs inclusive” and of course the main difference which effects ...
16. AGRA Members
(site sections/Quotes)
... like “Civil wording” against “Legal Wordings” or “Costs in addition” against “Costs inclusive” and of course the main difference which effects cost is an “Any One Claim” policy against an “Aggregate” policy. ...
17. Q - Glossary
(Glossary/Glossary)
Quantum The financial amount involved in respect of a claim or possible claim Quote An estimate of the cost of Insurance, ...
18. P - Glossary
(Glossary/Glossary)
... agrees to repay the lender for the cost of the Premium, plus interest and fees. Professional Indemnity Insurance In its most basic form it ...
19. L - Glossary
(Glossary/Glossary)
...  Provides cover to the policyholder for the costs of repairing or replacing documents damaged or destroyed whilst in their possession. This includes ...
20. I - Glossary
(Glossary/Glossary)
... of a claim on the policy. This could be an agreed percentage or a fixed sum. See also Excess, Excess cost in addition and Excess costs inclusive.  ...
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