Cover limits have been increased to offer a choice of £500,000 in the aggregate, £1 million in the aggregate or £1.5 million in the aggregate, removing the any one claim limits previously offered. Higher limits are available by individual negotiation.
Standard cover is suitable for mortgage and general insurance brokers, packagers and networks. In response to broker feedback, the enhanced cover can be extended to other activities including UK based brokers selling overseas mortgages, buy-to-let, commercial finance, secured/unsecured loans, bridging finance, reversionary and muslim mortgages. To complete the package cover can also be extended to commercial general insurance and pension term assurance although limitations apply to these sections.
