Who It Is For
- Mortgage brokers and advisers
- Mortgage advice firms
- Protection and finance advisers where mortgage work is declared
Mortgage brokers and advisers can face claims when clients allege unsuitable advice, missed affordability issues, delays, documentation errors or financial loss linked to a recommendation.
Use these points to match the page to the right business activities, cover sections and underwriting information.
Move into the closest supporting product page without losing the wider commercial insurance context.
Mortgage brokers and advisers can face claims when clients allege unsuitable advice, missed affordability issues, delays, documentation errors or financial loss linked to a recommendation. A strong insurance review should turn that risk profile into a clear presentation for insurers, showing who the organisation serves, what work is carried out, where the work happens and which claims could create the largest financial impact.
This page sits between a generic business insurance page and a full quote submission. It explains the practical cover areas, the detail insurers usually need and the related pages that help narrow the conversation before terms are requested.
Most mortgage broker professional indemnity insurance enquiries need a coordinated review of liability, property, people, interruption and specialist extensions. Public liability, employers' liability, product liability, professional indemnity, cyber, management liability, stock, equipment, tools, buildings or business interruption may all be relevant depending on the actual work.
Cheap cover can be poor value if limits, exclusions or activity descriptions do not match contracts, funder requirements, landlord obligations or the way claims are most likely to arise.
Quick answers to common questions about this cover.
Do mortgage brokers need PI insurance?
Can PI cover unsuitable advice allegations?
What affects mortgage broker PI pricing?
Tell us how the business operates and we will help route the enquiry to the right commercial insurance conversation.