Part 5 – Common underwriting information for Property Professionals PI Insurance

Here are the most common pieces of information Insurers need to underwrite your Professional Indemnity ( PI ) policy and calculate your premium:

Working practices:

  • provision of standard letters, terms of engagement, contracts, terms and conditions given to clients prior to commencement of work;
  • do you hold detailed records of projects such as changes to the original work specification for the duration of the project as this strengthens your defence in the event of a claim.

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