What insurance policies will I need?

You will need to make sure you have the correct level of cover for your planned business activity, the following are compulsory as part of your franchise; Professional Indemnity (PI) - This is the section of the cover that indemnifies you as the policyholder for errors and omissions in the performance of your professional duties. i.e. PI provides cover and expenses due to professional negligence that results in a financial loss to a third party up to the limit of liability purchased. The minimum requirements are �100,000 (as part of your franchise contract). (As this is the core cover, the optional extras are not available without Professional Indemnity being purchased.) Public/ General Liability (PL) - This is the section of the cover that indemnifies you for your legal liability from damage or injury caused to a third party during your business activities. The minimum requirements are �1,000,000. We have worked with a broker to create a bespoke package of insurance to suit the needs of our franchisees. The broker we have worked with has arranged a unique selection of core insurance products with providers who have excellent reputations for their products and services. For more information download the Insurance document Guide in the Files section of Sourced Portal to learn more.