TeabagTalent is a by-invitation community of independent professional advisors who exchange ideas and work opportunities for the benefit of their customers and their own businesses.
As an independent consultant, your reputation is imperative in gaining and retaining clients. Failure to defend allegations properly could cause irreparable damage to your reputation.
Oval Insurance Broking Ltd (Oval) has been working alongside Teabag Talent Ltd to understand the needs of independent business consultants. As a result, we have developed, with our chosen insurer, an insurance scheme facility exclusively for Teabag Talent Associates which satisfies those needs.
Summary of Cover
| Option 1 | Option 2 | |
| Professional Indemnity | ||
| Limit of Indemnity (any one claim) | £500,000 | £1,000,000 |
| Excess (each & every claim) | £500 | £500 |
| Public Liability | ||
| Limit of Indemnity (any one occurrence) | £1,000,000 | £2,000,000 |
| Excess (each & every claim, property damage only) | £250 | £250 |
| Premium (including 5% Insurance Premium Tax and £105 Fee) | ||
| Fee Income | Premium | Premium |
| Up to £100,000 | £336.00 | £460.00 |
| £101,000 - £150,000 | £393.75 | £545.00 |
| £151,000 - £200,000 | £405.30 | £579.00 |
This exclusive scheme is available to Teabag Talent Associates only. For this scheme we use one specialist insurer, Hiscox International Insurance Co Ltd, who we have selected as offering a comprehensive product and a high level of service.
We can also offer a bespoke broking service for risks that fall outside the scheme parameters.
Please complete the proposal form and return it to Oval Insurance Broking so that we may confirm your eligibility for cover under the scheme facility.
Alternatively, if you need to discuss your insurance requirements or have any other queries please contact Laura Sarson on 0116 204 3048 or email laura.sarson@theovalgroup.com