Avoid Negligence Claims
Counsel has provided an opinion on DUAL Asset’s Comprehensive policy and why a solicitor may be under a duty to advise a client of the availability of such a policy.
Read Counsel OpinionComprehensive Executor & Inheritance
Comprehensive coverage to allow complete peace of mind
DUAL Asset’s Comprehensive Executor & Inheritance policy provides protection against the majority of issues an estate could encounter during estate administration. The policy will provide protection for the personal representatives, the beneficiaries and their legal advisors, either for an intestacy or a testate estate. The policy is available in England, Wales, Scotland, Northern Ireland, Ireland and Channel Islands.
This is used as precautionary “wrapper” cover where there are no specific concerns or issues, but is used for peace of mind for the personal representative (and beneficiaries) of the estate.
Policy covers claims and challenges for:
- Later dated will appears
- Missing Beneficiary stakes a claim
- Deceased lacked mental capacity
- Improper execution of the will
- Charitable gift is challenged
- Challenge to the will
- ID fraud for UK nationals
- Unknown tax liability
- Charity exerts a claim
- Unknown will is discovered after estate distributed on an intestacy basis
- New financial dependent appears and claims under 1975 Inheritance Act
- New debts arise after distribution
- The deceased did not approve the content of the will
- Proprietary estoppel
Specific Risk Cover
Insurance solutions for a specific risk, such as a missing will or missing beneficiary. This covers both personal representatives and the beneficiaries of the estate.
Find out moreClaims Case Studies
DUAL Asset Comprehensive Policy Claims Stories
The Cost of Caring - A Claim for £500,000
When an executor received a claim for a deceased's estate six months after it had been distributed to close family, they were in for the shock of their life. The claim, from a former acquaintance of the deceased, was for a whopping £500,000, based on the grounds of proprietary estoppel and an alleged invalid will.
Charity who Held the Original Will
A Comprehensive policy was issued to protect the estate of a man who had died seemingly without a will. His estate was over £500,000 and was distributed between his children. Unbeknown to the family and his solicitor, the deceased had been active in a charity since his divorce. Shortly after his estate was distributed between his children, the charity came forward with his original will.
Please note we do not deal with enquiries from the public. Please ask your solicitor to contact us.
Our policies are estate protection policies and protect the estate as a whole from third party claims. We do not provide professional indemnity insurance and do not cover claims from known beneficiaries.