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Professional Indemnity Insurance

Professional Indemnity Insurance offers some form of cover to a financial advisor's client for claims against the advisor resulting from bad judgement or negligence on the advisor's part. Claims are obviously treated on a case-by-case basis, and negligence must be legally proved. The amount of professional  indemnity cover is limited to the value of the advisor's policy. This cover can be reassuring where the advisor works alone or for a small firm that may not have the capital means to settle any claims. Please Note: Professional Indemnity Insurance is not a legal prerequisite for practising financial advisors. In addition, the public should be wary about drawing conclusions based on whether or not an advisor has cover. By having indemnity cover, it is not implied that the advisor is not confident in quality of advice given.


FEATURED FINANCIAL ADVISORS
bullet TREVOR MEEHAN
Mr. Trevor Meehan
Trevor's Specialisation:
COMMERCIAL SHORT TERM INSURANCE and EMPLOYEE BENEFITS SOLUTIONS.
Trevor is on
Dial Code: 021  		Broker details
bullet MKHULULI NGXUMZA
Mr. Mkhululi Ngxumza
Mkhululi's Specialisation:
We do a holistic Financial Planning
Mkhululi is on
Dial Code: 021  		Planner info
bullet PALESA MAHLANGU
Featured Financial Advisor
Palesa's Specialisation:
All-round Financial Advice
Palesa is on
Dial Code: 011 East Rand 		Broker info
 
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