As a profession carrying a higher risk of litigation than most, it is a regulatory requirement for Independent Financial Advisers to have Professional Indemnity Insurance. Any financial misfortune suffered by a client which they attribute to the advice or action of their Independent Financial Adviser can lead to a legal claim being brought against them. 2020 Insurance, via its partner Professional Indemnity Ltd, provide effective Professional Indemnity Insurance solutions for IFAs, helping to protect them against legal expenses and compensation charges in the event such a claim is made.
PI Insurance premiums for many IFAs have risen significantly in recent years. With over 25 years of knowledge and expertise, Professional Indemnity Ltd are able to successfully guide IFAs through the entire insurance process, allowing you to make clear and informed decisions every step of the way.
Why Professional Indemnity Ltd
Five excellent reasons why Financial Advisers choose Professional Indemnity Ltd:
- Competitive premiums
- Lowest broker commissions and complete transparency
- Fast service whenever you need it
- Informative and friendly
- Easy to do business with
Professional Indemnity Ltd place great importance on the confidentiality and privacy of our clients and do not use pushy telesales people. We are experts who professionally guide customers through the process of buying the right insurance at the right premium. You’ll have access to a very wide range of insurance companies offering competitive premiums and excellent cover.
What to do next...
Getting a 2020 scheme quotation is easy and requires absolutely no obligation whatsoever. Click on the 'Get a quote' button below:
