Warranty and Indemnity

Sale and purchase agreement (SPA) breaches can prove costly. Warranty and Indemnity cover protects against losses resulting from a breach of warranty under an SPA or a breach of a tax deed or covenant.

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Warranty And Indemnity

Why this cover?

Our team can gauge the specific needs of those involved in a sale or purchase to provide the right level of protection to ensure that risk is managed.

Benefits for your business

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Clear has no ties to any one market and is able to provide unique, tailored insurance solutions

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Cover against the loss resulting from a breach of warranty under the SPA or a breach of a tax deed or covenant

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Clear has access to markets that can fill gaps in the Warranty and Indemnity policy

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Warranty and Indemnity Insurance can enable transactions to complete that might otherwise fall through

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Clear does not charge abortive fees

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Frequently asked questions

What does a Warranty and Indemnity policy cover?

The policy provides cover that will mirror the warranties and indemnities in the SPA.

We aim to arrange back-to-back cover where possible. We can arrange cover for the seller or the buyer of a transaction.

What is the application process?

We need a copy of the proposed SPA and any due diligence that is available. With these we will obtain a non-binding indication (NBI) from our available markets.

The NBI will include the proposed structure of the policy and any exclusions that may apply.

Once you agree to proceed with your chosen insurer, the underwriters will carry out their own due diligence. Then an underwriting call will take place to answer any queries the insurer may have. 

Why Clear?

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

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Trade specialists

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

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

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Exceptional service

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

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