Advising clients daily on their financial matters can leave you open to liability claims. If a client were to make a significant financial loss as a result of your advice or from an error on your part, you could be held liable. Court costs and legal fees can spiral and have a detrimental effect on your business. That’s why it’s wise to consider financial advisor insurance, which can include professional indemnity insurance for IFAs, to ensure your livelihood is protected.
Our UK team can arrange insurance for Independent Financial Advisors to help meet the specific needs of your business.