Property professionals - Frequently asked questions
- What level of Indemnity should I purchase for PI insurance?
- How do I obtain a Professional Indemnity insurance quotation?
- What does Professional Indemnity insurance cover?
- I want to join the NAEA but must hold Professional Indemnity insurance first.
- Can I get a quotation over the phone for professional indemnity?
- Can I get a quote for Professional Indemnity insurance if I'm not a member of the NAEA?
- What is the difference between Giles and Miller?
» What level of Indemnity should I purchase for PI insurance?
There is no hard and fast answer for this question. Each business will have a different attitude and approach to risk. Ultimately, the decision rests with you and all circumstances must be considered. These may include, past claims experience, financial strength, ability to fund higher limits. The following link will provide some practical assistance to help you consider what level of indemnity to purchase.
More information: Selecting limit of PI cover »
» How do I obtain a Professional Indemnity insurance quotation?
Like all professional indemnity insurances, it is necessary for Underwriters to gain a full understanding of the risks being proposed. Therefore, it is a requirement that we ask you to complete a proposal form (this document is currently unavailable. please contact a member of the team for more information).
You may complete the form and send it online and we will endeavour to provide a quotation for your information as soon as possible.
You can also download our form and print a hard copy for your own records.
Download PI application form in pdf format
Download PI application form for surveyors in pdf format
(These documents are currently unavailable. please contact a member of the team for more information).
» What does Professional Indemnity insurance cover?
Professional indemnity insurance protects a firm's reputation and assets against claims and potential legal liabilities arising from its professional performance. The legal costs and expenses incurred in an investigation and defence of claims are also protected.
» I want to join the NAEA (link opens in a new window) but must hold Professional Indemnity insurance first.
If you are intending to join the NAEA, we can provide you with a quotation based on this intention. It is a requirement of the purchase that you proceed with joining the Association. If you do not subsequently join, we reserve the right to revise the pricing and terms of our quotation, or withdraw cover altogether.
» Can I get a quotation over the phone for professional indemnity?
Subject to us having sight of your satisfactory completed proposal form, in most cases it is usually possible for us to provide indicative terms.
» Can I get a quote for Professional Indemnity insurance if I'm not a member of the NAEA?
Yes, we can provide you with a quotation but this will not take advantage of the NAEA's buying power and will not typically include enhanced policy wordings that are available to NAEA (link opens in a new window) members.
» What is the difference between Giles and Miller?
Miller has been our brand name for some years, but from January 2007, the shareholding and business of Miller Insurance Services (UK) Limited was acquired by Giles Insurance Brokers Ltd.
Tel: 020 7337 7551
Fax: 0870 191 6758
Email: crm@gilesinsurance.co.uk
