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Professional Indemnity Insurance For An Agency
Running or owning an agency of any kind, be it employment, insurance or otherwise will require you to have professional indemnity insurance. Quotezone’s extensive countrywide database has hundreds of UK based providers and brokers who can offer you their best and cheapest for PI insurance to suit your requirements. Our online form lets you complete your details in one easy step and compare your generated results in minutes. There is no need to go to any other comparison site once you experience the simplicity of Quotezone.
Are all agencies legally required to have PI insurance?
It is not typical for all agencies to have PI insurance. It all depends on the nature of the agency business you are concerned about. If you own premises you will definitely require some level of coverage to protect you against damage or accidental injury to people visiting your offices. Professional indemnity insurance also offers coverage for professional errors or misconduct law suits against you in the event that you make a mistake. Professional negligence can also cause you plenty trouble if you are found liable for such an error and Professional Indemnity insurance can save you from having to pay large amounts of money in damages to a party who successfully sue you. Your legal costs can also be partly covered.
Does the FCA regulate Quotezone?
Quotezone and its panel of members are regulated under the Financial Conduct Authority and must comply with all rules and laws laid down for the protection of clients.