Mention solicitors’ renewals to any insurer or broker and they will immediately think of the months of August and September. Most solicitors, it is said, leave it until quite late to renew their cover, which makes the summer period a very busy one for those involved in solicitors’ professional indemnity insurance. However, the fact that solicitors’ renewals all take place at the same time is only one of a number of aspects which sets solicitors’ policies apart. With renewal time very shortly upon us, this article will look more closely at solicitors’ policies, what makes them different, and factors which may be relevant on renewal.
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