February 6, 2012
Travelers Solicitors' Professional Indemnity

Product Information

Our policy

 

Our policy provides the following benefits : 

  • Cover exceeding the requirements of the Law Society's Minimum Terms and Conditions
  • Cover for the required minimum limit of indemnity of £2 million for partnerships (or £3 million for LLPs or limited companies) and for further limits up to £10 million.
  • Accidental damage to documents cover up to a limit of £1 million for each and every claim for accidental damage to client or third party documents in your custody or control.
  • Compensation for court attendance at a rate of £500 per day in the case of a partner and £200 per day in the case of an employee if in the course of defending a claim we require a representative of your firm to attend court as a witness
  • Personal Accident cover (exclusively for 2-15 partner/member firms) paying £50,000 to an Insured Principal (or their administrators or estate) in the event of that person suffering death or permanent total disablement as a result of an accident occurring during the period of insurance.  Subject to policy terms
  • Policy wording for policies incepting from 1st October 2007 until 1st February 2008
  • Policy wording for policies incepting from 4th February 2008 until 30th September 2008
  • Policy wording for policies incepting from 1st October 2008 until 30th September 2009
  • Policy wording for policies incepting from 1st October 2009 until 30th September 2010
  • Policy wording for policies incepting from 1st October 2010 until 30th September 2011
  • Policy wording for policies incepting from 1st October 2011

The Law Society publish their Indemnity Rules and Minimum Terms and Conditions annually which can be found on their website.

 

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