Legal Indemnity offers protection for property purchasers primarily against issues that arise on property title or covenants. However, it is usually paid for by the seller of the property.
The policy provides cover against any loss suffered by the insured as a result of any unlawful action taken against them because of a defect. The defects can be wide-ranging, but it could be something such as lost title deeds or a lack of planning permission. Unlike most other types of insurance, legal indemnity has a one-off premium and the cover lasts indefinitely.
- What’s typically covered?
- Defective titles, including lost title deeds, adverse possession and outstanding rights
- Restrictive covenants
- Chancel repair liability
- Flying freeholds
- Lack of planning permission
"Miles Smith staff are friendly, extremely approachable, responsive and very much work with us, allowing us to get on with the day-to-day running and growth of our business"
Group Finance Director, Belfield Group
"It makes things a lot easier, particularly when insurance isn’t your area of expertise. You want someone who understands how you’re set up, the way your board is, how you have to get things approved, and that you’re commercial, but do have other aspects."Read more
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Is my high-value jewellery covered no matter where I am travelling to in the world?
Miles Smith Private Clients offer warranty free policies with A+ rated insurers the provide worldwide cover with no restrictions.
Can you cover my property outside of the UK?
Our policy can cover holiday homes throughout the world. We will work with you to understand the unique risks in the country where your holiday home is before creating cover that keeps your holiday home protected.