Lawyers

Legal Indemnity Insurance

Time and cost-effective insurance solutions to expedite and support property transactions

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The Benefits

AA- regulated insurance (Standard & Poor's), one of the highest ratings in the market.
Cover for a range of insured uses including continued use and development properties (both pre and post planning) with no limit of indemnity requirements.
Up to £10milion cover online as standard with a maximum underwriting capacity of £250m for any one risk.
Most policies include an escalator clause covering the client should the property increase in fair market value during the course of the policy, up to a maximum of 200%.
Efficient protection to lender and property owner should a defect materialise.
Quick and easy ordering through PIPA platform.
Ability to offer block policies for high volume requests such as chancel/search insurance.
World leading NPS (Net Promoter Score) based on our excellent customer service as rated by our clients.

Product

Features

AA - Regulated Insurer

70 + legal indemnity policies

Up to £10milion cover online

Why

Legal indemnity insurance offers financial protection and peace of mind where property defects are highlighted in a conveyancing transaction. The defects may include a breach to a restrictive covenant registered on the title deeds of a property or a lack of documented right of way to use an access way.

Legal indemnity insurance will provide insurance protection should a risk present itself in the future and includes loss in market value along with the costs of any legal fees, court fees or other payments agreed as part of a financial settlement. This type of insurance is particularly beneficial where the costs associated with legal rectification outweigh the insurance premium and protection afforded by the indemnity.

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We handle over 40,000 data queries across the property lifecycle every day