Top-up insurance for solicitors (also known as excess layer insurance) is coverage that is placed above, or in excess of, the compulsory primary indemnity limit set out by the solicitors Regulation Authority (SRA).
In this paper we highlight a number of factors for Practices to consider when assessing their PII arrangements, and the potential exposures your practice may face. We explore why
it is important to select the correct limit of indemnity beyond the compulsory primary layer.
We also address some of the risks involved when considering a reduction in the limit that a practices currently purchases. Ultimately and importantly, it is the leader(s) responsibility
to assess what is the minimum level of coverage that is sufficient for their unique practice.
Click on the link on the right hand side to download and read the full guidance.