This is a personal choice, with personal consequences; it is not a purchase that should be determined by price alone. No two indemnity products will be the same, so any price comparisons will not be on a like-for-like basis.
How to change provider
1. Find out what kind of cover you have. It'll either be occurrence-based or claims-made.
2. Get an indicative quote from us. It'll take just a few minutes to get an indicative price emailed to you.
3. Find out when your existing cover is due to be renewed. Gather the information you need to complete the application form. Here's a
checklist of what you will need to hand.
4. Complete the application form. In many cases we can confirm your acceptance within five working days. In some cases we may need further information but we'll call you to let you know.
Leaving your current provider
Mutual defence organisations
If you have had occurrence-based indemnity from a mutual provider up to the date of change, you can apply to them to request discretionary assistance and indemnity for any new matters that surface in the future from your period of membership with them. They would normally continue to assist you with any existing cases where applicable. Please seek arrangements in writing.
If you have a policy of claims-made insurance which provides cover up to the date of change, and have already reported an actual or potential claim to them, they must continue to cover you for that case.
You should check that policy wording to establish whether or not you can continue to report new claims that surface in the future, relating to that period - and if so, whether any time limits and/or other terms and conditions apply.