Terms & Conditions
Duty of Disclosure
You are reminded of your duty of disclosure.
You must make a fair presentation of the risk to us at inception, renewal and variation of your policy. This means that you must tell us about all facts and circumstances which may be material to the risks covered by the policy and that you must not misrepresent any material facts.
A material fact is one which would influence the acceptance or assessment of the risk. If you have any doubt about facts considered material, it is in your interest to disclose them to us.
You acknowledge that you are entering into an annual contract of insurance with the participating insurers and if you cancel after your 14 days cooling off period, the full premium is due. Failure to pay the insurance premium in full will affect your indemnity under the policy and you will be subject to debt collection provisions.
This is a non-advised insurance sale which means that it is up to you to decide if the policy is suitable for you and meets your requirements.
Full details of the cover are available in the policy documents.
By continuing you confirm your understanding, you are happy with the summary of cover provided and would like to purchase based on the information given.
Your Suitability for Our Policy
The cover is not suitable for the following:
- Any surveyors involved in commercial or residential building surveys & valuations
- Surveyors holding a current RICS membership (click here for details of how we can help)
- Persons involved in the design of aircraft or parts thereof and with primary responsibility (please click here for our specific guidance note on what we can cover)
- Persons working in a medical treatment capacity for which they require cover
- Persons working in the USA or Canada (click here for details of how we can help)
Any surveyor holding a RICS membership is required to hold cover with specific minimum standards. Providing you are not involved in building surveys or valuations we can offer a cost effective extension to the Kingsbridge product. Further details are available from our team on 0124 236 2183.
The standard Kingsbridge contains a specific exclusion of USA/Canada, however we are now able to include this cover for a small additional premium. For further details please contact us on 0124 236 2183.
Guidance Note in respect of Workers in the Aviation Industry
The primary risk for manufacturers, contractors and/or operators of aircrafts and aerospace devices (or component thereof) relates to bodily injury and property damage. These manufacturers, contractors and operators such as BAE Systems, Smith Industries, Airbus Industries will arrange their own Public, Products and Professional Indemnity Insurance cover to cover this risk exposure at significant expense.
Whilst providing a low cost insurance policy it is not possible to extend the cover to include these primary risks associated with the aircraft industry. This policy is intended to cover professional consultants/workers engaged in all aspects of aircraft design and manufacture without taking on losses arising from these primary risks of loss.
The policy specifically excludes claims relating to bodily injury and or property damage arising from performance of the insured's business on any aircraft or aerospace device (or component thereof).
The policy does provide for financial liabilities which may arise from work provided the Insured's work has been signed off by the client or by another independent person who has been granted such authority by the client.
If your work is not signed off, or you believe that the client expects you to hold primary responsibility for property damage and bodily injury then you should not purchase this policy. In addition this is only a guidance note and we recommend a review of the full policy prior to purchasing this policy. If you are in any doubt please contact us for advice.
This guidance note is effective from: 1st July 2010
Issue Date: 12th May 2010
Your Eligibility for Our Policy
This online cover is suitable for UK registered Limited Companies:-
- With 1 Director who holds 50% or more of the share capital in that company and with no other employees (other than family members).
- Operated by UK Nationals
- Operated by Foreign Nationals providing they work exclusively in the UK
This online cover is also suitable for Sole Traders resident in the UK.