When you've ceased trading, professional indemnity claims can still be made against you up to 15 years after the work has been completed. Run off insurance can help protect you into the future.
Call us today:
0345 894 4684
While run off insurance is often seen as being vastly different to standard professional indemnity insurance, in principal it provides you with similar cover to a professional indemnity policy taken out while a company is still trading.
As professional indemnity insurance is underwritten on a ‘claims made’ basis, rather than when claims occur, you need to have professional indemnity insurance in force to ensure that you are covered should a claim be made against you or your former practice for work undertaken in the past.
If you have an existing professional indemnity insurance policy with us and are looking to cease trading, then our run off insurance experts can guide you through the best solutions for your needs.
If your insurance is not yet due for renewal and you would like us to contact you closer to the time
Call us today:0345 894 4684
Monday to Friday 9am – 5pm