FAQs

1. Why do I need this insurance?

It is compulsory requirement for agents licensed by FIFA Associations or Federations to have Professional Indemnity insurance. Without this insurance your licence can be revoked.

2. What is the minimum level of cover I have to purchase?

The minimum level of cover under the regulations is CHF100,000.

3. Is my premium affected by the amount of cover I buy?

Your premium will be affected by the indemnity limit. We provide options for CHF 100,000, CHF 340,000 and CHF 670,000. Higher limits can be provided on a bespoke basis. Contact the JLT Financial & Professional Team to discuss.

4. How is my premium calculated?

A number of factors affect the premium calculation, the main ones being: a) the amount of income you earned in the last completed financial year from negotiating or renegotiating contracts of employment; b) the number of players for whom those negotiations were carried out for both via another agent / club and / or directly; c) the amount of limit purchased; and d) your claims history.

5. What is covered by the policy?

The policy covers your legal liability to pay damages as a result of any claim or accusation made against you arising out of you Insured Activities as a agents licensed by FIFA Associations or Federations. Insurers will pay all costs or damages provided that they do not exceed the maximum limit of the sum insured under the policy. Your Activities shall be deemed to be as per Article 1 of the 2008 regulations.

A sample policy wording, showing the terms and exclusions is provided here.

6. Is there a policy excess?

No. There is no excess on the policy and assured, you will not have to pay the first amount of any claim.

7. When will I receive my documentation?

Upon completion of the online questionnaire you will receive a written formal quotation confirming the premium and policy terms. Once these are accepted and we have recieved your signed confirmation to bind cover, we will send you your policy documentation, including insurance certificate, within five working days.

8. Which document satisfies FIFA Associations or Federations requirements for insurance?

The Insurance Certificate will satisfy these requirements.

9. Are agents licensed by FIFA Associations or Federations outside the UK able to purchase insurance cover?

Unfortunately, at this present time this insurance facility is restricted to UK agents licensed by FIFA Associations or Federations only.

JLT Contact Details

Duncan Fraser

Partner
JLT Specialty Limited
6 Crutched Friars
London, EC3N 2PH
[T]: +44 (0)20 7528 4885

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