Professional liability insurance FAQs
Is it essential that I take out professional liability
insurance?
It’s not compulsory but claims for damages are on the increase
and many professional associations therefore recommend their
members to arrange it. Some associations even insist on members
having professional liability insurance in place before they can
become a member.
Am I covered if I see clients at home?
Yes, the policy covers you to work at or from any location,
provided that you live, and are based in the UK. This includes your
home, and the cover is not restricted in any way by working from
home. You may find however that your home insurers restrict or
invalidate your home insurance if you have business visitors to
your home. If this is the case, Towergate has a special
‘Homeworkers’ insurance policy which will cover you to see clients
at home.
What should I do if I think I might need to claim?
You should notify us immediately, even if you only think you
might need to make a claim. We are here to help and quick action
could mitigate costs or even prevent a claim. Equally, if you have
a routine query on which you would like our opinion, we are always
happy to help.
Do I receive a discount as a member of a professional
association?
We provide discounts for members of many professional
associations. When obtaining a quote through this site, simply
select your membership association from the drop-down box and your
discount will automatically be included. If it does not appear,
simply type it in. Even if you are not a member of any professional
association, we can usually still offer you a quote.
What happens if I retire or cease trading?
You can lapse your policy from the next renewal date. We can
also provide ‘run-off’ cover from the date the policy lapses. If
you take out this cover, if any claims come in after you have
retired, they will be covered if they arise from your business
activity as stated on your certificate. If someone decided to sue
you, they have up to 3 years in which to make a compensation claim
from the date they discover their loss, so this cover would ensure
that any late claims are still covered. You must contact us to
arrange this cover, and a charge will apply.
