Stock broker professional indemnity insurance

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Stockbrokers Professional Indemnity Insurance - UK Insurance from Blackfriars Group

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What are the Liabilities covered? However, such act of Omission or commission must occur after the retroactive date i. Whether Revision in Limits of Indemnity is possible?

Stockbroker Professional Indemnity Insurance | Stockbroker insurance | UK

Revision in limits of indemnity is possible at the time of renewal as the indemnity limit is based on the estimated turnover or brokerage expected to be earned by the Proposer. In case of any change in the limit of indemnity, revised retroactive date showing different indemnity limits available at various dates will be incorporated in the policy schedule.

Policy Period Normally, annual policies are issued but policies may be issued for a period less than or more than 12 months to suit the convenience of the insured such that the expiry date of the policy coincides with the financial year of the Proposer. How is the premium worked out?

These are only the salient features of the policy. For further details regarding scope of cover, exclusion, conditions etc. Insurance is the subject matter of solicitation. Click Here To Download.