Financial Practitioners
Professional Indemnity (FPPI)
Insurance Programme

The protection provided by the IFPAS Financial Practitioners Professional Indemnity (FPPI) programme is unique in that it covers financial planners throughout their careers and beyond. Whether as an independent planner, a tied agent or a retired agent or planner, the policy provides the broadest possible protection.

FPPI Policy essentially protects you against any ACTUAL or ALLEGED claims arising out of breach of your professional duty as regulated byFinancial Advisers Act 2001.

It also extends to cover cyber liability as well as any regulatory action brought against you in regards to unintentional breach of relevant privacy laws i.e. PDPA Act 2012 (optional coverage which youcan purchase).

It also extends to cover cyber liability as well as any regulatory action brought against you in regards to unintentional breach of relevant privacy laws i.e. PDPA Act 2012 (optional coverage which youcan purchase).
This insurance is underwritten by Beazley Syndicates at Lloyd’s.

Beazley plc is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, Middle East and Australia. Beazley manages six Lloyd’s syndicates and is one of the largest insurers operating at Lloyd’s. All Lloyd’s syndicates are rated A (Excellent) by A.M. Best.

Beazley is a market leader in many of the chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business. 

If you are interested to find out more about FPPI, please contact the IFPAS Membership Department. 
You may also refer to our Frequently Asked Questions (FAQ) sheet for further details. 

Contact Details of IFPAS: 
Office number: 65351221
Email: membership@ifpas.org.sg