Insuristic has today announced its intention to launch a new Insurance scheme for Estate Planning and Will Writing firms during the first quarter of 2024.
Rob Faulkner, CEO of Insuristic stated “We know the professional indemnity insurance market is hard for Estate Planning and Will Writing firms currently. There is a lack of choice in the market and a number of the professional indemnity insurance policies I have seen don’t cover the full range of services provided by the modern estate planner. So, I wanted to develop a new scheme that would be easy for Estate Planners to apply for online and provide the breadth of cover they need. The scheme will be modular in approach, so Estate Planners can tailor the cover to match their needs. The scheme has been developed by a leading UK underwriting agency and is backed by an ‘A Rated’ Global Insurer. This should be very exciting news for the Estate Planning firms. This is new capacity to the market as the insurer doesn’t currently underwrite cover for Estate Planners or Will Writers. The scheme will also be only available via Insuristic.”
The scheme will provide the following cover options:
- Professional Indemnity Insurance – with levels of indemnity available up to £5,000,000
- Office buildings and/or contents insurance
- Employers liability insurance – £10,000,000 as standard
- Public liability insurance up to £5,000,000
- Commercial legal expenses at £100,000
You can register your interest in the scheme on the Insuristic website here.
If you also provide your renewal date, we will send you a reminder to obtain a quote a month prior to your renewal.
If your renewal date is prior to the launch of the scheme we can still help you find an alternative quotation from a range of insurers.
Insuristic Limited (No: 13926650), is an Appointed Representative of SJL (Worcester) Ltd, who are authorised and regulated by the Financial Conduct Authority with the reference number 763599. This can be checked by visiting https://register.fca.org.uk/.
This article was submitted to be published by Insuristic as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.