insurance
As a condition of membership,
members must hold Professional
Indemnity Insurance to a minimum
level cover of £2 million.
Insurance available through the SWW
scheme**
Professional Indemnity: An insurance
that continues to protect you for the wills
you have drafted in the past, after you
have ceased will writing/estate planning
activities.
there is no liability at the end of the day.
This exclusive member scheme will
pick up any will writing done in the past,
even prior to membership of the Society,
provided some form of professional
indemnity coverage has been kept. Plus,
when you retire the policy allows for
members to enjoy the security of cover
for life with run-off available at minimal
cost to themselves.
The cover:
What does it cover?
Professional Indemnity insurance covers
your business against claims that may be
made due to any negligent act, error or
omission in the conduct of your business
that causes a loss to a third party.
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The policy is there for your protection,
to cover you and your business against
any legal liability you may have for claims
made against you by third parties and
just as importantly the policy is there to
defend you against allegations even if
• Negligence or breach of professional
duty.
• The limit: £2.5 million to any one claim.
• “Claims made” policy so you’re
covered regardless of when the
alleged breach or incident occurred.
• Public Liability: £5 million cover
included as standard.
• Optional cyber insurance (see below).