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Insurance Advisor Insurance

Protecting insurance advisors from under £55* per year

Not on comparison sites — save money by coming direct to us

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Excellent 4.7 out of 5

Professional Saver Coverage for Insurance Advisors


Our standard cover is:

  • £1 million cover for public and products liability (with an option to increase to £2 million, £5 million or £10 million)
  • £10,000 cover for any financial loss (£50K cover optional)
  • Worldwide liability cover for temporary work abroad for up to 14 days (excluding the USA and Canada)

As an insurance advisor, you need insurance to protect your business in the event of a professional indemnity claim from a client. For example, you may recommend an inadequate policy that leaves them uninsured when they need to make a substantial claim. Our policies can provide protection in such scenarios.

We understand that even with expertise, mistakes can happen. Without insurance, a single error could put your entire livelihood at risk. Our specialist insurance advisor coverage gives you complete peace of mind that your insurer will deal with any claims caused by your advice.

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Why choose Professional Saver insurance advisor insurance?

Save £££ on your insurance Save on your insurance

Customers are always telling us how much they saved by switching

Trusted for over 40 years Trusted for over 40 years

We’ve been providing insurance to businesses since 1984

Financial Strength Financial Strength

Insurance provided by a Standard & Poor’s ‘AA- Stable’ rated insurer

Defaqto 5 Star rated

Our Professional Saver Insurance (Covea) has been independently rated 5 Stars by Defaqto – the highest possible rating, awarded to excellent products with a comprehensive range of features and benefits.

Learn more about our Optional Covers

* Due to the specialist nature of your profession, we’ll arrange a separate policy for your professional indemnity cover to complement your Professional Saver policy. Please get a quote online for the other covers you need and contact us to discuss your personalised professional indemnity quotation.

How our insurance advisor insurance works

1 Apply online

Complete our simple quote form with basic details about your business.

2 Get a quote

Get an instant quote & choose any optional covers you may need.

3 You’re insured!

Instantly activate your Professional Saver policy and view your certificates online.

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What is Insurance Advisor Insurance?

Insurance advisor insurance protects professionals who provide insurance consultancy and guidance to individuals and businesses choosing policies. It safeguards advisors against negligence claims due to flawed recommendations or unsuitable advice leading to financial implications.

This insurance covers an advisor’s liability for:

  • Incorrect or inaccurate policy advice that leaves clients uninsured
  • Failure to explain exclusions or limitations in a recommended policy
  • Not ensuring continuity of cover when policies need renewing
  • Inadequate sums insured for assets leading to underinsurance

Robust coverage is vital for insurance advisors as policy gaps can leave clients seriously out of pocket. This insurance protects livelihoods by covering legal costs and compensation payouts.

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Why Do Insurance Advisors Need Insurance?

Insurance advisors are a vital resource for individuals and businesses, guiding them towards proper insurance protection for their homes, businesses and assets. However, even the most experienced advisor can face unforeseen situations.

Even a minor oversight or gap in knowledge can leave a client underinsured, leading to devastating financial consequences. For example, advising a client unaware of flood zones on insufficient coverage could leave them unable to rebuild a flooded home. Similarly, recommending inadequate business insurance could hinder a company’s recovery from a fire.

In such scenarios, clients could file substantial legal claims for financial losses due to inadequate coverage, jeopardising an advisor’s career and financial well-being. Having specialised insurance protects advisors from these risks, providing peace of mind and the ability to focus on their core mission – safeguarding their clients’ financial security.

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What Does Insurance Advisor Insurance Cover?

Our insurance advisor policies protect against:

  • Public Liability – This insurance will cover the costs if you accidentally damage or injure someone while visiting their property to assess their insurance needs (e.g., knocking over an item).
  • Legal Expenses – In the event of legal disputes related to your consultancy work, this coverage provides specialist legal advice and covers associated legal costs.

Additional Covers For Insurance Advisors

You can add these separate policies to your insurance:

  • Contents and Business Equipment Insurance – This policy pays to replace or repair items that got damaged, lost or stolen while you work.
  • Professional Indemnity – This safeguards you against claims arising from unintentional errors in your advice, such as recommending inadequate coverage that leads to a client’s financial loss. 
  • Cover for Temporary Staff – This insurance provides the same coverage for any freelancers or contractors you hire under your business name, ensuring your company is fully protected.

We offer levels of advisor cover based on your business activities and liabilities. Just complete our simple online form to get a quote today.

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What Services Can Professional Saver’s Insurance Advisor Insurance Cover?

Our insurance advisor policies cover all typical services like:

  • Researching to understand client assets, risks and insurance needs fully
  • Assessing values of properties, contents, stock, tools, livelihoods, etc.
  • Advising suitable levels of buildings, contents, stock and asset cover
  • Recommending and arranging suitable insurance policies across categories:
    • Home, landlord, commercial property
    • Motor trade, taxi, haulage
    • Professional liability, salon, tools
    • Business interruption, cyber risks, legal expenses
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Why Choose Professional Saver For Insurance Advisor Insurance?

With over 35 years of specialising in commercial policies and protecting 1,000s of businesses, you can fully trust Professional Saver to safeguard your insurance advisory firm. Our key benefits include:

  • Direct Specialists – We are a specialist broker, not a comparison website. Get your quote directly from us.
  • 24/7 Legal Helpline – Whenever you need expert legal advice on insurance matters, our dedicated helpline offers guidance.
  • Monthly Instalments – You can spread your insurance costs by making monthly instalments rather than annual payments if your premiums exceed £125.

Get your quick online quote today and let Professional Saver protect everything you have worked for.

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Chosen by over 5000 businesses and counting*

Chosen by over 18761 businesses and counting

Online & Anywhere

We like to keep things simple. Your quote, purchase and documents are all available online, anytime.

Monthly Instalments

Cashflow is important to every business. Spread the cost by paying in easy monthly instalments.

Instant Cover

No need to wait for your documents. Our professional cover starts from the date you select.

Added Protection

Public liability, products liability, financial loss, legal expenses and accidental death cover as standard.

* Total number of live policies as of 31/10/2025

FAQs

Insurance Advisor Insurance FAQs

Insurance brokers or advisors need adequate professional indemnity insurance because flawed advice leaves clients exposed to risk. Just one oversight like inadequate buildings or contents cover could leave a customer seriously out of pocket in a loss scenario. Without backup, client claims for compensation could severely threaten brokers.

Some examples include:

  • You recommend coverage based on an outdated valuation, and a fire leaves the client significantly underpaid for repairs due to the increased cost of rebuilding.
  • You fail to advise a high-risk commercial client about additional flood coverage, resulting in unaffordable repair costs after a flood event.
  • You don’t recommend additional coverage for a client’s high-value inventory, leading to rejected theft claims exceeding standard policy limits.
  • You neglect to set up a system for reminding clients about policy renewals, leaving a business uninsured after coverage expires.

We cover all general insurance categories an independent broker could provide guidance on. This includes:

  • Personal lines – Home, contents, landlord, travel, pet
  • Motor – Private and commercial vehicles
  • Small business – Office, property, liability, cyber
  • Commercial – Shops, tradespeople, farms, schools

Essentially, we cover most claims stemming from flawed recommendations across common broker service areas.

Yes – our policies cover advice from any brokers associated with your registered business, whether fully qualified or trainees. So, if you delegate work to a junior advisor you are training, insurance would cover any repercussions from mistakes under your company leadership.

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What our customers say

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