Business Insurance
Professional indemnity cover for mortgage brokers
The advice you give carries real financial weight for your clients — and real exposure for you. Professional indemnity cover is built for the duties and obligations of mortgage broking.
Why mortgage brokers need PI cover
A single oversight in a loan application can cost a client money — and come back as a claim against you. Common triggers include a missed disclosure, a misunderstood requirement, or an error in an application document.
What does mortgage broker PI cover?
Policies differ between insurers, but most are built around the specific duties of a broker.
Exclusions vary by insurer — your policy schedule will specify them.
- Claims of negligence or breach of duty in your advice
- Errors or omissions in loan applications and documents
- Legal costs of defending a claim
- Compensation and damages awarded against you
- Investigation and disciplinary proceeding costs
Tailored to your practice
Whether you're a sole trader, aligned with an aggregator, or part of a larger firm, your exposure — and your cover — should match how you operate.
From our clients
“Our dealings with KeyInsure have always been very friendly and helpful, also very quick response and professional advice. Pretty sure they save us money on our insurances also. Thank you.”
KeylendRelated cover
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General advice only. Consider the relevant PDS & TMD before acquiring any product.