If a beneficiary who was not initially located comes forward after the estate has been distributed, this policy covers:

• Legal Costs: Covers court or tribunal proceedings initiated by the claimant or on behalf of the insured.
• Awarded Costs and Expenses: Covers any costs and expenses awarded against the insured.
• Settlement Payments: Covers sums the insured is legally obligated to pay to the missing beneficiary.
• Additional Expenses: Covers any other costs incurred with the insurer’s written agreement to settle the claim.

Note: This policy does not cover claims arising from any attempts to locate the missing beneficiary after the policy commencement date. It is designed as an alternative to further research into finding the beneficiary.

If an estate is distributed under the rules of intestacy and a valid will is later discovered, this policy covers:

• Legal Costs: Covers court or tribunal proceedings initiated by the claimant or on behalf of the insured.
• Damages and Compensation: Covers any damages, compensation, costs, and expenses awarded against the insured.
• Settlement Payments: Covers sums the insured is legally obligated to pay to the rightful beneficiaries under the newly discovered will.
• Additional Expenses: Covers any other costs incurred with the insurer’s written agreement to settle the claim.

Note: This policy excludes claims arising from attempts to locate a missing will after the policy start date. It serves as an alternative to further research into the existence of a will.

If the estate is distributed and an individual who did not inherit makes a claim under the Inheritance (Provision for Family and Dependants) Act 1975, this policy covers:

• Legal Costs: Covers court or tribunal proceedings initiated by the claimant or on behalf of the insured.
• Awarded Costs and Expenses: Covers any costs and expenses awarded against the insured.
• Settlement Payments: Covers sums the insured is legally obligated to pay to the claimant.
• Additional Expenses: Covers any other costs incurred with the insurer’s written agreement to settle the claim.

For those seeking broader protection, we offer a Comprehensive policy that includes coverage for a wide range of additional risks:

• Discovery of a Later Will: Coverage for cases where a later will is discovered after the estate has been administered.
• Disputed Ownership of Personal Items: Protection against claims from buyers asserting that items like jewellery or household contents did not belong to the deceased, or from finance companies claiming outstanding payments.
• Will Validity Challenges: Coverage for challenges to the will's validity based on allegations of fraud, improper execution, lack of mental capacity, or the deceased being unaware of the will’s contents.
• Claims by Unknown Creditors: Protection against financial claims by creditors who were not known at the time of distribution.
• Fraudulent Beneficiary Claims: Coverage for cases where someone fraudulently claims to be entitled to inherit from the estate.
• Proprietary Estoppel Claims: Coverage for claims related to promised inheritances that were not fulfilled.
• Uninsured Charity Claims: Protection against claims from charities not originally insured, discovered after the estate’s distribution.
• Tax Liability Discoveries: Protection against unknown tax liabilities discovered after the estate has been distributed (excludes inheritance tax, which must be calculated and paid).
• Trust Fund Reimbursement: Coverage for the need to reimburse a trust fund that was not properly administered and is insufficient to meet future claims.

A Court of Protection Bond is required when an individual applies to the Court of Protection to administer another person’s affairs. The Court typically demands a bond to ensure proper management of the individual’s affairs.

Risks Covered: Covers any amount the court may demand following allegations that the affairs of the individual have not been properly handled, including associated costs and expenses.

This insurance is required when a share certificate or other ownership document is missing. If a registrar requires insurance or counter-indemnity to issue a duplicate and the investment is later discovered to have been sold or disposed of, coverage is provided.

Risks Covered: Indemnifies the registrar or relevant party against any losses arising from the missing certificate or document.

A Bond of Caution is a financial guarantee required in Scotland before administering a deceased’s estate. It ensures the administrator properly handles and distributes the estate according to law.

Risks Covered: Acts as a financial guarantee that the administrator will protect the deceased’s assets and distribute the estate according to legal requirements.

When an individual passes away, executors or administrators must gather and distribute the deceased’s assets, with property often being a key one. However, existing home insurance is likely void due to the policyholder’s death and the property remaining unoccupied. Executors/administrators are responsible for protecting the deceased’s assets and must secure Unoccupied Property Insurance to ensure the property is properly covered during probate.

• Automatic Coverage: Up to £1 million for rebuilding costs and up to £10,000 for basic contents, with higher limits available upon request.
• No Inspection Required: No need for property inspection before coverage starts.
• Flexible Policy Terms: Choose coverage for 3, 6, 9, or 12 months, with refund options available if the property is sold sooner.
• Quick Application: Simple process that can be completed by the executor or administrator in minutes, with terms usually confirmed within an hour.