Retroactive Cover

Because Professional Indemnity Insurance policies are written on a Claims Made basis, they must include Retroactive Cover to be able to provide cover for work that you have done in the past.

Ordinarily, this would be an additional extension that must be purchased, and the additional cost is proportionate to the duration of retroactive cover required. Most insurers require that there be no gap in insurance between inception of the new policy and the retroactive date, and will only provide retroactive cover back to the last break in insurance.

Professional Indemnity policies purchased through Limited Company Insurance automatically include retroactive cover back to the date that the company was incorporated, or the date that the business started trading. This means that ALL past work is covered, regardless of any gaps there may be in the insurance.