Value and peace of mind are what you require from your PI cover, you also need to minimise time consuming form filling!
At SimplyBiz we can help you carry the burden - we will:
- Assist you with completion of proposal forms and related data.
- Obtain a competitive quotation - on both rates and excesses, subject to underwriting.
- Provide a monthly, interest free premium facility.
- Offer advice and assistance in the event of a claim.
SimplyBiz have an exclusive PII arrangement available for IFAs.
The Policy has competitive premium rates available from less than £120 per month (including IPT). Excess levels start from only £2500. The policy meets IMD requirements and the Indemnity Limits are sufficient for firms opting into MiFID.
In order to maintain low premiums it is an underwriting requirement that an annual PII procedural audit is carried out by SimplyBiz.
Policy holders benefit from excess discounts rewarding claim free years and good business practices.
Suitability
The Policy is ideally suited to Limited Companies becoming directly authorised with the FSA. It is also appropriate for those who are exiting a Network. The underwriters will consider proposals from established businesses with good claims records.
Underwriting will normally be completed within a few days of receipt of the Proposal Form.
In order to maintain continuity and reduce uncertainty going forward we also have a very user friendly renewal process which has been well received by existing Policyholders.
Should you wish to discuss Professional Indemnity Insurance and your own circumstances please e-mail pii@simplybiz.co.uk or call the PII team on 01484 439124.
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