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If you’re an Independent Financial Advisor (IFA), you’ll be well aware of the many risks that face you and your business every day – which is why IFA professional indemnity insurance is an integral part of your business.
As a self-employed professional it’s vital to protect your income in the long-term, and here at constructaquote.com, we specialise in ensuring that you have a variety of flexible insurance plans to choose from, tailored to fit your professional career and the clients that you represent.
You’ll know that your many clients hold you in a very high regard, and your advice can lead to hundreds, thousands and even millions of pounds being invested in a variety of complex schemes and plans. But, working in finance can be a risky business, as we’ve seen over the last 5 years. Should something go wrong, you may be held accountable. If you are sued as a result of negligence, or even a simple mistake, the costs involved could leave you in a perilous position.
FCA-Regulated professionals are required to hold a form of indemnity insurance, and higher-profile clients will insist on you using professional indemnity insurance. IFA professional indemnity insurance protects you against the mishaps, mistakes and a miscommunication that can occasionally occur as you advise clients day-to-day, meaning that you can get on with your job in perfect peace of mind.
For any further information about IFA professional indemnity insurance, please see our Frequently Asked Questions page.