New Comprehensive Insurance for Property Sourcing Agents — Exclusively Through Insurance-Desk
If you're a property sourcing agent or deal packager in the UK, getting the right insurance in place is one of the most important steps you can take to protect your business. And now, through NAPSA's long-standing partnership with Insurance-Desk, there's a new comprehensive package designed specifically for sourcing agents and rent-to-rent operators, at a price that's hard to argue with.
Who Are Insurance-Desk?
Insurance-Desk are commercial insurance specialists with extensive experience in the property sector. They have been a trusted partner of NAPSA for a number of years, and already offer professional indemnity (PI) cover for property sourcing agents.
They've now developed a fully packaged product that brings together multiple essential covers under one roof, removing the guesswork of what you are and aren't protected for.
What Does the New Package Include?
Previously, agents could access PI-only cover. The new scheme bundles four key policies into a single, streamlined product:
Professional Indemnity (PI) - with a minimum of £250,000 cover (above the industry standard of £100,000), scalable up to £5 million
Public Liability - £2 million as standard, upgradeable to £5 million
Employers' Liability - included as standard
Directors & Officers Cover - protecting you personally for any wrongdoing in your duties as a director, from £100,000 up to £5 million
Directors and Officers cover is particularly notable - it typically costs around £150 as a standalone minimum quote. Here, it's embedded within the package at no significant extra cost.
If you prefer PI-only cover, that option remains available. Removing the employers' and directors' liability cover reduces the price by approximately £50 — but given what you'd be losing, the full package represents exceptional value.
Who Can Access This Scheme?
The scheme is open to:
Property sourcing agents (deal sourcers/deal packagers or similar)
Rent-to-rent agents (with a rent-to-rent contract in place with the principal)
Both combined
Key eligibility criteria include a turnover under £250,000 and no previous claims or financial issues. If your business falls outside these parameters, Insurance-Desk can still provide a quote on a bespoke basis, contact them directly to discuss your situation.
Note for deal packagers: Project management activity is not covered under this scheme. If you carry out project management work alongside sourcing, you'll need to speak to Insurance-Desk directly for a separate quotation.
An Important Note on Yield and Investment Advice
This is worth paying close attention to. The policy excludes cover for financial, investment, or yield advice. If you are stating specific yield or ROI figures to potential investors, particularly without citing the source of your comparable, you may be inadvertently giving investment advice, which falls outside the scope of this policy.
Sharing publicly available comparable data with clear sourcing is fine. Stating "this deal will return you X%" as a standalone claim is not. It's a distinction that matters enormously if a claim is ever made against you.
NAPSA Member Discount
NAPSA members benefit from an exclusive discount of approximately 10–15% on the package, depending on the cover option selected. When you access the quote journey via your member benefits page, the discount is applied automatically, so the price you see is the price you pay.
You can find out about membership and how to join here.
How to Get a Quote
The quote process is fully online and takes just a few minutes. You'll need your Companies House registered name and basic business details. Cover can be bound and documents issued immediately upon payment, with the option to pay annually (saving 4%) or by monthly direct debit.
NAPSA Members: Log in to access your discounted quote via your member benefits page (Insurance-Desk quote is at the bottom).
Non-members: You can still access the product via the NAPSA Insurance-Desk partner page, though without the member discount. Get your quote today.
Find out more about NAPSA membership to see if joining makes sense for your business.
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Watch the full walkthrough with Josh from Insurance-Desk in the video above, guiding you through the quote journey and discussing the key policy terms in detail.
For any queries about cover that falls outside the scheme, contact Insurance-Desk directly at www.insurance-desk.com or call them on 01296 329610.
