Professional indemnity insurance – Council for Licensed Conveyancers (CLC) application for Legal Services Board approval to changes in compulsory insurance requirements

This contains a number of measures proposing an automatic 90-day extension of cover to allow an orderly wind-up in the event that a practice is unable to secure renewed cover, greater flexibility in relation to excesses, and administrative provisions to facilitate renewals relating to issue of claims histories and the renewal timetable.

See here.

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