HomeFAQIs my money insured? What insurance cover does BROKSTOCK have?

Is my money insured? What insurance cover does BROKSTOCK have?

The FSP (Financial Service Provider) prides itself on maintaining a robust safeguarding mechanism through its Professional Indemnity and Fidelity Cover.

  • Professional Indemnity Cover: This insurance is designed to provide protection to the FSP against potential claims for losses by clients or third parties as a result of professional negligence, errors, omissions, or advice that leads to a financial loss. In simpler terms, should there be any unintentional mistakes or oversight on our part that results in financial harm to our clients, this cover ensures that they can be compensated appropriately.
  • Fidelity Cover: This is specifically tailored to shield against potential losses stemming from fraudulent acts or dishonesty by employees within the organisation. In the rare instance that a client suffers a financial setback due to malicious intent or deceitful actions by any of our staff members, our Fidelity Cover serves as a protective layer, ensuring clients are not left at a disadvantage.

Together, these insurance covers signify our dedication to uphold the highest standards of professional integrity and client trust. By securing both Professional Indemnity and Fidelity Cover, we emphasise our commitment to not only offer top-notch financial services but also to ensure that our clients' assets and interests remain safeguarded at all times.

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