Adverse Risks Insurance is designed to provide essential protection for clients with challenging backgrounds, such as previous convictions or insolvency histories. This coverage helps brokers address the unique challenges posed by high-risk profiles, ensuring access to reliable insurance solutions and peace of mind for clients who need it most.
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Comprehensive coverage with flexible custom risk solutions
Adverse Risks Insurance provides tailored coverage for individuals or businesses with prior convictions, enabling them to secure insurance where traditional providers may decline. Whether the conviction is related to fraud, driving offences, or other legal issues, our policies are designed to ensure comprehensive protection.
By offering inclusive coverage, Exance helps brokers support clients in rebuilding their lives or businesses, ensuring they have access to the protection they need without judgment.
This insurance covers businesses and individuals with a history of insolvency or bankruptcy. Such clients often face difficulty securing traditional insurance due to perceived financial instability. Adverse Risks Insurance provides a practical solution, allowing clients to access the coverage required to move forward with confidence.
Our policies are tailored to manage financial risks, giving brokers a robust offering for clients navigating post-insolvency challenges.
For professionals with adverse backgrounds, this insurance extends coverage for claims related to errors, omissions, or negligence. It is especially valuable for clients operating in regulated industries or roles requiring professional liability insurance.
This feature ensures brokers can deliver valuable solutions for high-risk professionals, helping them maintain their livelihoods and comply with legal or contractual obligations.
Adverse Risks Insurance can include coverage for property-related exposures, such as landlords with convictions or businesses managing assets after insolvency. These policies help protect against risks including damage, liability claims, and loss of income.
Brokers can confidently offer property coverage to clients with complex histories, ensuring their assets remain protected while addressing their unique circumstances.
Clients with driving convictions or businesses with a history of fleet-related issues can face steep premiums or policy refusals. Adverse Risks Insurance offers competitive and comprehensive coverage for high-risk motor insurance, ensuring vehicles and fleets remain protected.
This solution is ideal for brokers seeking to support individuals or businesses managing driving-related challenges.
Adverse Risks Insurance extends liability protection for businesses with adverse histories, covering public liability, employer’s liability, and other essential exposures. This feature is crucial for high-risk businesses needing to operate safely while addressing past challenges.
Brokers can highlight this coverage as a cornerstone of risk management for clients aiming to rebuild trust and reputation.
Managing adverse risks often involves complex legal or professional requirements. Exance includes support for legal expenses and access to professional advice, ensuring that clients can navigate potential disputes or claims effectively.
This added layer of support helps brokers provide comprehensive and client-centric solutions.
Adverse Risks Insurance can be tailored to address risks unique to specific industries. For example, businesses in construction, retail, or transportation with adverse histories can secure coverage that aligns with their operational needs.
This flexibility ensures brokers can address a diverse range of client requirements, strengthening their ability to cater to niche markets.
Adverse Risks Insurance typically excludes coverage for intentional or fraudulent acts, ongoing criminal activity, or known financial liabilities at the time of policy inception. Brokers should work with clients to set clear expectations and review exclusions to ensure the policy meets their needs.
Adverse Risks Insurance provides tailored coverage for individuals or businesses with prior convictions, enabling them to secure insurance where traditional providers may decline. Whether the conviction is related to fraud, driving offences, or other legal issues, our policies are designed to ensure comprehensive protection.
By offering inclusive coverage, Exance helps brokers support clients in rebuilding their lives or businesses, ensuring they have access to the protection they need without judgment.
This insurance covers businesses and individuals with a history of insolvency or bankruptcy. Such clients often face difficulty securing traditional insurance due to perceived financial instability. Adverse Risks Insurance provides a practical solution, allowing clients to access the coverage required to move forward with confidence.
Our policies are tailored to manage financial risks, giving brokers a robust offering for clients navigating post-insolvency challenges.
For professionals with adverse backgrounds, this insurance extends coverage for claims related to errors, omissions, or negligence. It is especially valuable for clients operating in regulated industries or roles requiring professional liability insurance.
This feature ensures brokers can deliver valuable solutions for high-risk professionals, helping them maintain their livelihoods and comply with legal or contractual obligations.
Adverse Risks Insurance can include coverage for property-related exposures, such as landlords with convictions or businesses managing assets after insolvency. These policies help protect against risks including damage, liability claims, and loss of income.
Brokers can confidently offer property coverage to clients with complex histories, ensuring their assets remain protected while addressing their unique circumstances.
Clients with driving convictions or businesses with a history of fleet-related issues can face steep premiums or policy refusals. Adverse Risks Insurance offers competitive and comprehensive coverage for high-risk motor insurance, ensuring vehicles and fleets remain protected.
This solution is ideal for brokers seeking to support individuals or businesses managing driving-related challenges.
Adverse Risks Insurance extends liability protection for businesses with adverse histories, covering public liability, employer’s liability, and other essential exposures. This feature is crucial for high-risk businesses needing to operate safely while addressing past challenges.
Brokers can highlight this coverage as a cornerstone of risk management for clients aiming to rebuild trust and reputation.
Managing adverse risks often involves complex legal or professional requirements. Exance includes support for legal expenses and access to professional advice, ensuring that clients can navigate potential disputes or claims effectively.
This added layer of support helps brokers provide comprehensive and client-centric solutions.
Adverse Risks Insurance can be tailored to address risks unique to specific industries. For example, businesses in construction, retail, or transportation with adverse histories can secure coverage that aligns with their operational needs.
This flexibility ensures brokers can address a diverse range of client requirements, strengthening their ability to cater to niche markets.
Adverse Risks Insurance typically excludes coverage for intentional or fraudulent acts, ongoing criminal activity, or known financial liabilities at the time of policy inception. Brokers should work with clients to set clear expectations and review exclusions to ensure the policy meets their needs.
What is Adverse Risks Insurance?
Adverse Risks Insurance is a specialised product designed to provide insurance coverage for clients with high-risk profiles, such as individuals with criminal convictions or businesses emerging from insolvency. It offers tailored solutions to address unique challenges, ensuring comprehensive protection and access to essential insurance products.
Who Needs Adverse Risks Insurance?
Adverse Risks Insurance is ideal for:
Provides access to insurance for clients typically declined by traditional providers.
Policies designed to address the unique challenges of adverse risks.
Affordable premiums for high-risk clients, balancing protection with financial feasibility.
Supports clients in rebuilding trust and professional standing.
Coverage spans liability, property, and professional risks.
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What qualifies as an adverse risk?
Adverse risks typically include clients with previous convictions, bankruptcy, insolvency, or other high-risk factors that make traditional insurance difficult to obtain.
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Can clients with recent convictions qualify for coverage?
Yes, Exance offers solutions for clients with recent convictions, including driving offences and financial crimes. Each case is assessed individually to provide the most suitable coverage.
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Is this insurance more expensive than traditional coverage?
While premiums may be higher to reflect the increased risk, Exance strives to offer competitive rates, ensuring brokers can provide cost-effective solutions for their clients.
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Can businesses with prior insolvencies still secure liability coverage?
Yes, businesses with insolvency histories can access public liability, employer’s liability, and other essential coverages through Adverse Risks Insurance.
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How is Exance’s Adverse Risks Insurance tailored to clients?
Policies are customised based on the client’s background, industry, and specific risks, ensuring comprehensive protection while addressing individual circumstances.
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Are high-risk motor fleets eligible for coverage?
Yes, businesses or individuals managing high-risk fleets or vehicles with driving-related convictions can secure competitive motor insurance.
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Does this policy cover known financial liabilities?
No, pre-existing financial liabilities or debts are typically excluded. Clients should review policy details to understand the scope of coverage.
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How can brokers position this product to clients?
Brokers can highlight the inclusivity, tailored solutions, and competitive pricing of Exance’s Adverse Risks Insurance to reassure clients about their coverage options.
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Does Exance provide support for managing claims?
Yes, Exance includes claims support and access to professional advice, ensuring clients can resolve disputes or incidents effectively.
