Conveyancing Indemnities
As an experienced provider of ATE insurance to lawyers and their clients, we are well aware that the profession also has a need for other client-facing legal indemnities.
One of the most frequent requests we get from solicitors is for legal indemnities for conveyancing transactions.
We also understand that whilst these policies are necessary, they can be time-consuming and difficult to arrange whilst the client expects a competitive premium.
Prosperity Insurance offer a simple and clear online facility that can quote a premium within seconds and issue a policy within a few minutes.
We can provide a facility for most of the commonly required policies such as:
This list is not exhaustive and we are continually developing what covers we can offer in response to our client’s needs.
Why is indemnity insurance needed for property sales?
Solicitors must comply with the Solicitors’ Code of Conduct, the set of rules and regulations on the standard of professional conduct expected of solicitors in England & Wales. As part of this code, they are professionally obliged to always act in their clients’ best interests. As a result, a conveyancing lawyer must give proper detailed advice to their client at all times, firstly about whether there is a legal defect in a property at all (giving full clarity as to exactly what that is), and then the various options to help the client make an informed decision on how to address the buyer’s worry, and any request for possible insurance. In this case, the solicitor or conveyancer will advise their client about conveyancing indemnity insurance.
If your practice is seeking a fast, simple, online facility with competitive premiums you should contact us. For more details contact us on 0800 524 4235, email info@prosperityinsurance.co.uk or complete the enquiry form on our contact page.
ATE
Insurance
ATE Insurance is an insurance policy that protects and covers a client who wants to pursue a claim against the risk of having to pay their opponents legal costs and disbursements if the case is unsuccessful.
Other
Services
Prosperity Insurance provide after the event insurance and conveyancing legal indemnities to solicitors. If you are looking for healthcare, personal, or motor fleet insurance for your company or employees, we recommend that you contact C & C Insurance Brokers to discuss your requirements.