Mortgage, Loan & Non-investment Insurance Contracts PI

This product is specifically designed for mortgage and loan intermediaries who also conduct non-investment insurance contract activities.

This product covers professional business liabilities relating solely to arranging, bringing about or giving advice regarding Mortgage and Loan products in The United Kingdom of Great Britain, Northern Ireland, the Channel Islands and the Isle of Man.

This product also covers professional business liabilities relating to the sale of regulated non-investment personal lines insurance (that is not purchased for any business, profession or trade).

Key Benefits include:

  • Minimum premium £200
  • Limit of indemnity up to £3,000,000 available
  • Industry specific protection for liabilities and negligent acts including libel, slander and defamation
  • Court attendance costs up to £10,000 in total during the period of insurance
  • Data Protection Act breach cover up to £50,000 in total during the period of insurance
  • Financial Ombudsman Service cover up to £150,000 any one award
  • Dishonesty of employees cover up to £100,000 any one claim
  • Loss of documents cover up to £100,000 in total during the period of insurance
  • Mortgage self-certification
  • Change in interest rates
  • Experienced underwriters on hand with authority for instant decisions
  • Various areas of trade considered

Available area of trade:

  • Full status residential mortgages
  • Interest only mortgages
  • Sub prime residential mortgages
  • Equity release / home reversion mortgages
  • Self-certification mortgages
  • Secured loans
  • Unsecured loans
  • Buy-to-let mortgages / Commercial mortgages
  • Islamic law compliant mortgages

Target business:

  • Residential & Commercial
  • Full Status
  • Interest Only
  • Buy-to-let

Contact our team for more information:

Contact Name Email Telephone

Paul Todd

paul.todd@apcuw.com 020 7256 3100 Ext 146