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.
Professional Indemnity is a liability insurance designed to take care of your :
- legal defence costs; and
- any agreed settlements negotiated out of Court; or
- damages or expenses awarded in Court
With such Policy, it also ensures that you have access to leading defence lawyers engaged by the insurer when you most need it.