Tax liability insurance may be used to address a specific, identified tax risk where the facts and supporting analysis can be assessed by specialist underwriters. Insure24 can arrange this type of solution through its wholesale broker route with Citynet, subject to underwriting, due diligence, insurer appetite and final terms.
This is different from W&I insurance: a known tax issue should be presented as an identified risk, not treated as an unknown warranty breach.
Important: availability, cover, price and timing depend on the transaction, due diligence, insurer appetite and final policy terms. Nothing on this page is legal, tax or personalised regulated advice.
The starting point is a defined tax position with a clear factual and legal basis.
Underwriters usually need a structured analysis rather than a general concern.
Tax liability insurance is not tax advice and does not make an uncertain position certain.
Not necessarily. An identified tax issue is commonly assessed separately because W&I insurance is generally concerned with unknown breaches, subject to policy wording.
Potentially, depending on the facts and market appetite. The initial review should explain the corporate context and the identified risk.
Start with a high-level, non-confidential summary. Secure document exchange should be agreed before detailed advice or transaction material is shared.
Product statements are qualified by Insure24's approved proposition and reviewed against the following public sources.
Prepared as general information for UK transaction participants and advisers.
Tell us whether you are a buyer, seller or adviser, the target activity and location, the transaction structure, an approximate value band, the expected timetable and whether an identified risk exists. Do not include confidential documents or detailed risk information at this stage.
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