Subject to several exceptions, you are insured for claims made against you by third parties for alleged breach of professional duties, neglect or error committed in good faith and allegations of defamation.
Allegations of defamation are covered, but are subject to several exceptions.
Actions taken on your behalf by your direct employees are also covered.
Please note: claims from fellow Members are not covered by the policy and cannot be reclaimed from IPSA under the Scheme.
Claims relating to criminal investigations or charges cannot be reclaimed from IPSA under the Scheme.
The policy is subject to a £1,000 excess which is payable by you. This excess can be reclaimed under the Scheme.
You can submit claims to IPSA for this using the standard claims process.
If the claim can be settled for less than the excess sum of £1,000 such as a copyright infringement, the cost to settle the claim may also be reclaimed under the Scheme (but the claims process must still be followed).
If you are faced with a claim, you should not acknowledge receipt or admit liability and contact the Members Services Team immediately with full details.
Do not make a judgement on whether or not the claim is valid.
It is a policy condition that the insurer must be notified as soon as you become aware of a claim being made, or of any circumstances that might reasonably be expected to bring about a claim.
Be aware that a verbal complaint with a threat to "take the matter further", or a letter of complaint alleging neglect, error or omission may pre-empt a claim.
Failure to notify the Members Services Team may result in the insurers refusing to accept the claim and leave you personally financially exposed.
Visit the Parliament intranet for more details.
Who to contact
For support and advice regarding professional indemnity insurance contact the Members' Services Team: