- Home
- Existing client log in
- Contact Us
- Fully automated quotation and issue
- Full range of business practices covered
- Who should be covered
- Documents
- FAQ
- Privacy policy and statement
Summary
Policy summary
The policy covers the cost of valid claims, of handling claims and of defending claims made against you relating to the activities of the individual named in your Evidence for your coaching business and any associated activities specified and included.
This is a claims made policy. To read the policy wording: CLICK HERE
There are two important dates with Professional Indemnity insurance.
- The date you become aware of a claim - if this is during the policy term the insurers will consider this claim IF
- The date on which the alleged incident occurred is after the retroactive date
Put another way - that means the insurer will consider a claim that you advise them of during the policy term that you first knew about during the term of the policy that relates to an incident (or alleged incident) that occurred after the retroactive date.
Unless you have been insured before the retroactive date is the date on which you are first insured. If you have been insured before then the retroactive date is the date from which you have been continuously insured.
To demonstrate with an example. Say your first policy with us (or another insurer) had a start date of February 6 2012. That would also be the retroactive date also, because you had not been insured before. The policy end date would be one year later.
Upon the renewal - the new start date of the new policy would be in 1 year's time but the retroactive date would remain as February 6 2012.
Therefore the underwriters would look at claims that arose during the term relating to an incident that occurred after the retroactive date.
Policy wording: CLICK HERE