Last week we asked if you have professional indemnity cover for your advice business.
While PI cover is optional, it appears the take up is high with 84% of those casting a vote in our poll indicating they have PI cover and intend to keep it.
Among the other votes, 12% say they don’t have it and don’t intent to get it, and 3% say they have the cover but plan to cancel it (and if we wanted to speculate then perhaps this smaller group plan to leave the industry…).
Voting is open for another week, closing on Monday 12 July.
Do you have professional indemnity cover for your advice business?
- Yes – and I intend to keep it (88%)
- No – and I don't plan to get it (9%)
- Yes – but I plan to cancel it (3%)
- No – but I intend to obtain it (0%)
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