If you are paying for your policies on monthly account, you will be holding clients’ money until payment is due to us. The arrangement we have with our insurer, Liberty Legal Indemnities, offers you protection as outlined below.
Countrywide Legal Indemnities (CLI) acknowledges and agrees that, where a solicitor is receiving, holding and paying money, they do so as the agent of, and on behalf of, CLI and the insurer, Liberty Legal Indemnities, in accordance with the Risk Transfer Agreement, on the provision that: