At Air Underwriting we go the extra mile for our brokers, especially when it comes to offering tailor made protection for your clients.
For Architects, Surveyors and Consulting Engineers (including Chartered professionals) we can now offer minimum premiums for Professional Indemnity cover starting from £295.00* for a £250,000 limit of indemnity with a nil Excess.
All wordings offer full Civil Liability cover and with A+ rated capacity, you’re assured of great protection at a competitive premium for value driven clients.
Here are some more examples of premiums that we can offer for this type of risk based on fees of £100,000**:
| Limit of indemnity | Excess | Annual premium* |
|---|---|---|
| £250,000 | NIL | £295.00 |
| £1,000,000 | NIL | £650.00 |
| £2,000,000 | NIL | £1250.00 |
For those slightly larger clients we can offer similarly competitive terms –
Example using annual fees of £150,000**:
| Limit of indemnity | Excess | Annual premium* |
|---|---|---|
| £250,000 | £500 | £495.00 |
| £1,000,000 | £500 | £895.00 |
| £5,000,000 | £500 | £2750.00 |
Similar structures apply to proposals featuring fee incomes of up to £500,000 with the ability to offer £5,000,000 Limit of Indemnity with a modest Excess of £2,500.
Other benefits include a free Collateral Warranty checking service and advice line.
*net premium subject to insurance premium tax
**total contract values limited to £5,000,000
