We have a broad range of insurance products available:
This page explains the risks that you face as an executor (if there is a Will) or administrator (if there is no Will).
It will also explains the insurance products available to protect you, any other executor or administrator and the beneficiaries.
You will learn what probate insurance policies to:
Review and arrange immediately
Consider whilst preparing to apply for the grant of representation; and
Consider when you are ready to distribute the estate.
You can click on any of the items in 'Contents' to jump to the section that interests you. Each section will also link to further information on each product.
If you have further questions on executor insurance, start a chat or contact us.
If you have lost a loved one, we are sorry for your loss. We know this is a difficult time for you, with lots to do and consider.
If you're named as their executor in the will, you have a crucial role: ensuring their wishes are carried out and their estate is handled correctly.
It's a big responsibility, and unfortunately, mistakes can happen. This page highlights the potential risks you face as an executor and explains how insurance can help protect you and the beneficiaries.
If you don't correctly insure the estate, the beneficiaries could look to you to reimburse the estate for any losses. Clearly, this is a significant risk for you.
Also, you and the beneficiaries can face claims from third parties following the distribution of the estate. These claims can result in costly bills. Some might force the beneficiaries to repay the inheritance if they weren't fully entitled to the money or if there was an unknown creditor against the estate.
Thankfully, Insuristic offers a range of probate insurance policies to help you protect against these risks.
Executors are responsible for arranging suitable property insurance.
Suppose a claim would have been covered under an insurance policy, but the insurance was either not in place or did not respond to a claim because of a breach of policy conditions. In that case, it will usually mean the executors must put things right out of their pocket.
As the beneficiaries will seek to be reimbursed for any uninsured losses, Insuristic has developed a probate house insurance product specifically for this purpose.
Finding the right insurance can be tricky if someone lives at the property during probate (maybe a dependent or a paying tenant), but we can help offline. If this is your situation, please contact us to arrange a call with one of our insurance broking team.
If a deceased person owned land in their name that wasn't included in their home's property deeds, you should consider arranging land insurance.
A landowner has a duty of care to prevent injury to anyone on their land. When they die, this liability would pass to the estate during probate.
As such, the executors should arrange a land insurance policy to protect the Estate against any claims from people injured or had their property damaged on the land.
If there aren’t the funds in the estate to pay for the insurance protection upfront, you and the beneficiaries don’t need to worry.
Insuristic customers can fund the cost of any of our Probate Insurance Policies with our partner, FSL Finance.
The loan is simple to arrange, with 90% of applications being accepted immediately.
There are no arrangement fees or early repayment charges.
Once a loan is approved, the money is paid to Insuristic to finance your insurance policies. You will then need to pay FSL Finance a monthly amount until the loan is repaid.
If you need cover before the loan is repaid, we can help you. Instructions of what to do in this scenario will be provided in your quotation.
You can find out more or to start on application on our Probate Loans page.
If you're handling the affairs of a deceased loved one as an executor, administrator, or personal representative, you have a big responsibility, which includes identifying all the assets in the estate. But what if some assets are missing?
Here's where asset searches come in. These helpful services track down hidden assets, giving you a complete picture of the estate and protecting you from potential risks. Not only that, but many are vital components when arranging probate insurance.
Why are asset searches necessary?
Ready to find out more?
Explore the different types of asset searches available below to discover how they can help you fulfil your role with confidence and peace of mind:
The loss of a loved one brings grief, but amidst the sadness, ensuring their wishes are respected matters. As an executor, you hold the key.
But what if their Will is hidden? A Certainty Will Search acts like a detective, unearthing missing Wills from registries and every corner. Now, you can confidently move forward, knowing you're carrying out their true wishes.
It doesn't protect you entirely. You can extend this protection with Missing Will Insurance (more on that later).
You can buy a Certainty Will search from £105+VAT by registering for an account on our online Inheritance Data Portal.
Our loved ones don't just leave behind physical possessions. They often have a digital footprint – from cryptocurrency to social media footprints.
As an executor, ensuring you have a complete picture is crucial.
That's where this comprehensive Digital Asset Search comes in.
It goes beyond traditional searches, reaching hidden corners of the online world to uncover:
This affordable search removes the guesswork and gives you confidence as you navigate their digital legacy. By knowing what's there, you can honour their wishes with complete peace of mind.
You can buy a digital asset search from £25+ VAT by registering for an account on our online Inheritance Data Portal.
Executors have a duty to locate all the assets due in the estate and demonstrate that they have thoroughly searched for any assets that may have been held by the deceased.
Registering for an account on our online Inheritance Data Portal allows you to buy a financial asset search for £160+ VAT. This will give you peace of mind while you fulfil your duty.
If you are acting as the executor, you need to identify the deceased's debts and settle them before distributing the estate. If you fail to do this, the creditors or the beneficiaries can claim repayment from you (in the absence of a Section 27 notice - we will explain this in this section). You can insure against the risk of unknown creditors with a Section 27 Insurance policy; more on that later.
You can buy a liability search for £15+ VAT by registering for an account on our online Inheritance Data Portal.
The Trustee Act 1925 offers executors, trustees, and personal representatives a shield: the Section 27 Notice. This legal notice, published in The Gazette and local papers, protects you from potential claims on distributed property.
Think of it as a public announcement, letting any creditors or beneficiaries know you're ready to settle the estate. Follow the Act's guidelines, publish the notice, and breathe easier knowing you've done your due diligence.
Keep in mind, though, that it doesn't protect the beneficiaries. You will need to buy a non-Section 27 Insurance policy for this.
You can place a Section 27 Notice from £85+ VAT by registering for an account on our online Inheritance Data Portal.
If you are struggling to find the deceased's national insurance number, the estate's administration may slow down.
Thankfully, you can buy an NI Number Search, which takes around 14 days to complete and can seamlessly be used as part of our Financial Asset & Liability Search request.
You can buy a National Insurance Number Search for £25 + VAT by registering for an account on our online Inheritance Data Portal.
If the estate is large or has a wide range of beneficiaries, it may be difficult to track everyone down. If this is the case, you can appoint a professional genealogist. They can help you trace missing beneficiaries or next of kin, fill in the blanks, and solve complex inheritance questions.
If you would like to find out more, you can visit our probate genealogy page.
The following probate insurance policies should be considered when applying for the Grant of Probate. You could arrange these policies with Missing Will & Missing Beneficiary Insurance and achieve a discount of 30% or more in return for buying in one go.
Even with a Section 27 Notice, unknown creditors can still emerge after an estate is distributed, potentially impacting beneficiaries with an unforeseen bill to pay.
No Section 27 Insurance acts as a safeguard, protecting both executors and beneficiaries from costly claims.
Here's how it works:
Consider adding No Section 27 Insurance to your estate planning toolkit.
It's a wise investment that can help ensure a smooth and secure distribution for all involved. You can get a quote online from our Section 27 Insurance page.
The Inheritance Act allows forgotten dependents to claim against an estate, even for beneficiaries already paid out. This 6-month waiting period for distribution can be crucial, but sometimes, the beneficiaries can't wait that long to receive their inheritance.
That's where Early Distribution Insurance steps in. It empowers the executors to:
This affordable insurance offers a safety net, starting from just £112 (including Insurance Premium Tax). Don't let the Act be a roadblock – get a quote by visiting our Early Distribution Insurance page.
When you are approaching the point where you are ready to distribute the estate, you should consider arranging Missing Will Insurance plus, if the estate is large or complex, Missing Beneficiary Insurance.
Here is an overview of the protection these probate insurance policies provide you, the personal representatives and the beneficiaries.
If a newer, missing Will surfaces in the future, in the absence of insurance, it can be incredibly costly to you and the beneficiaries. In worst-case situations, it can result in the estate being redistributed with hefty legal costs and the beneficiaries repaying the money they have received to those who are legally entitled to it.
Keep in mind this claim can happen years into the future. What if the previous beneficiaries no longer have the money available to repay?
Thankfully, Missing Will Insurance will shield you and the beneficiaries from this nightmare:
This insurance ensures that even forgotten Wills won't unravel your careful distribution.
The Insurance policy ensures claimants are reimbursed and covers the associated legal fees.
For a relatively low cost, visit our Missing Will Insurance page to arrange a quotation online.
Do you fear a missing beneficiary might emerge and disrupt the deceased's legacy?
Missing Beneficiary Insurance offers a safety net. It can shield you and the beneficiaries from two hidden threats:
This insurance safeguards everyone:
The insurance policy compensates the missing beneficiary and covers legal fees, ensuring everyone receives their fair share of their inheritance.
For everyone involved's peace of mind, please visit our Missing Beneficiary Insurance page to get a quote.
If you intend to purchase more than one of the policies in this section, it is worthwhile to get a quote all at once. The insurer often provides a discount for buying multiple products on a combined policy. If you buy three or more policies, the discount can be as much as 30%.
As an executor, you face a range of risks when administering an estate. This Executor Insurance guide will explain what these risks are, how some of these risks can be transfered to an insurance policy. It will explain the insurance products you can buy and at what stage of the estate administration process.
If you need to insure an empty house after the death of the owner, this guide will help you understand what is involved and how to get a quote.
When you are obtaining home insurance, you will need to know the year the property was built. Rather than guessing (which could causes issues when you come to claim), why not learn how to find out when a house was built by reading this guide.
If your house is going to be empty for more than 30 days its likely you may need to arrange empty house insurance. Our empty house guide explains whats involved.
Hi, I'm Rob, CEO and Founder of Insuristic. My mission is to make insurance easier to understand and buy online.
I hold an Advanced Diploma in Insurance (ACII) which demonstrates I have a solid technical understanding of Insurance and have committed to continuous professional development. I am also a member of the Chartered Insurance Institute and hold the a Chartered Insurance Broker status.
Over the last 27 years, I have worked for insurers, insurance brokers and insurance technology businesses, specialising in product, sales and marketing.
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Insuristic Limited (No: 13926650), is an Appointed Representative of SJL (Worcester) Ltd, who are authorised and regulated by the Financial Conduct Authority with the reference number 763599.
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Please Note: Our broking team at SJL Insurance will need to talk to you to discuss your requirements. This is an advised service.
Please Note: Our broking team at SJL Insurance will need to talk to you to discuss your requirements. This is an advised service.
Please Note: Our broking team at SJL Insurance will need to talk to you to discuss your requirements. This is an advised service.
Please Note: Our broking team at SJL Insurance will need to talk to you to discuss your requirements. This is an advised service.
Please Note: Our broking team at SJL Insurance will need to talk to you to discuss your requirements. This is an advised service.
Please Note: Our broking team at SJL Insurance will need to talk to you to discuss your requirements. This is an advised service.
Please Note: Our broking team at SJL Insurance will need to talk to you to discuss your requirements. This is an advised service.