Commercial Conveyancing Indemnities
Overcome complex title issues on commercial property transactions. From missing easements to restrictive covenants, our indemnity policies offer pragmatic solutions that protect your clients’ investments and keep deals on track.
We take this into account in the way we inform and pick the products and the insurer that we work with.
The commercial conveyancing indemnity policies are designed with solicitors and clients in mind, built on years of industry knowledge and insights from the broader Prosperity Group. Each client benefits from a dedicated Account Manager who works closely with them to ensure that the indemnity policies support their practice’s requirements and simplify the management of these essential policies.
Prosperity Insurance can assist you with access to a simple and clear online facility that can quote a premium within seconds and issue a policy within a few minutes.’
We can provide a facility for most of the commonly required commercial policies such as:
This list is not exhaustive and we are continually developing what covers we can offer in response to our client’s needs. So, if you don’t see the exact policy you need here then get in touch and we will look into adding it as a product offering!
Why is indemnity insurance needed for commercial property sales?
Solicitors must comply with the Solicitors’ Code of Conduct, the set of rules and regulations on the standard of professional conduct expected of solicitors in England & Wales. As part of this code, they are professionally obliged to always act in their clients’ best interests. As a result, a conveyancing lawyer must give proper detailed advice to their client at all times, firstly about whether there is a legal defect in a property at all (giving full clarity as to exactly what that is), and then the various options to help the client make an informed decision on how to address the buyer’s worry, and any request for possible insurance. In this case, the solicitor or conveyancer will advise their client about conveyancing indemnity insurance.
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Other Services
Conveyancing Indemnities
As an experienced provider of assisting lawyers and their clients regarding ATE insurance, we are well aware that the profession also has a need for other client-facing legal indemnities. One of the most frequent requests we get from solicitors is for legal indemnities for conveyancing transactions.
Executor Liability Insurance
An Executor Liability Insurance policy ensures that should a claim be brought against the Estate that your client’s legal costs will be insured (subject to the policy Terms and Conditions).
