Legal Indemnity

Whether you're dealing with a routine property transaction or encounter a problem that threatens to hold up a sale or a development, you need it solved quickly and in the most cost-effective way.

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Legal Indemnity 2

Why this cover?

When it comes to Legal Indemnity Insurance, our dedicated team of legal indemnity specialists understands the unique difficulties that solicitors may face and can offer practical insurance solutions.

Benefits for your business

The legal indemnity covers we can arrange include:

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Absence of Easement

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Bankruptcy/Insolvency

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Breach of Restrictive Covenant

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Chancel Repair

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Contaminated Land

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Defective Title

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Forfeiture of Lease

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Insolvency Act

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Judicial Law

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Missing Beneficiary

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Missing Deeds

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Restrictive Covenant

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Rights of Light

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Search Insurance

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Town and Village Green

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Trustee (Breach of Trust)

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Lloyd's broker

Clear is a registered Lloyd's broker, giving us direct access to a unique pool of underwriting expertise in the Lloyd's global marketplace (the world’s largest specialist insurance market).

 
This means that we are well positioned to locate the best underwriters and negotiate the most favourable contractual terms for those clients who require specialist, innovative or bespoke risk solutions.

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Thank you for trying to get in touch. There was an issue with your submission. Please double-check your information and ensure all required fields are completed. If the problem persists, please contact our main number 020 7280 3450 for assistance.

Frequently asked questions

How long will the underwriting process take?

Simple transactions can be completed quickly, while more complex risks may take 24 to 48 hours. We will always aim to respond to your query on the same day.

What information do you require for a legal indemnity quotation?

Our legal indemnities guide outlines the information required. 

We will require you to complete a proposal form for more complex risks, such as right of light, missing beneficiary or lost share certificates.

Can a legal indemnity policy be protected from inflation?

Yes.

Many underwriters add an 'escalator clause'. This raises the indemnity limit by an agreed percentage over an agreed number of years. Contact us to learn more.

If my client is a successor in title, how do I ensure the policy is adequate?

A copy of the original submission is normally available from the underwriters. They will consider any cover changes or amendments on request. Contact us to learn more.

What is an adequate limit of indemnity?

There is no set formula for calculating the limit of indemnity.

However, most lenders will require a sum equal to that of the purchase price of the property or full development value. If you wish to obtain varied limits for due consideration, we would be happy to accommodate this request.

Why Clear?

Industry-recognised for being people-first, our team of specialists supports start-ups, SMEs, corporates, multinationals and individuals.

Trade specialists

Trade specialists

We offer broad and bespoke sector specialist insurance solutions for peace of mind.

Chartered status

Chartered status

In recognition of our commitment to maintaining the highest standards of knowledge, ethical practice and guidance.

Exceptional service

Exceptional service

We're dedicated to providing exceptional customer service to respond proactively to the needs of our clients.

Lloyd's broker

Lloyd's broker

We are a registered Lloyd's broker, giving us direct access to a unique pool of underwriting expertise in the Lloyd's global marketplace.

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