Legal Indemnity Insurance policies for issue by solicitors and conveyancers

Search Delay

The Search Delay legal indemnity insurance policy provides cover when you have applied for one or more formal searches in respect of:

  • local land charges
  • information held by the Local Authority
  • mining
  • water or sewerage services to the property

and need to legally commit to the purchase (i.e. exchange contracts) before you have received the results of one or more of these searches. The policy can be used with single residential and/or commercial properties based within England and Wales.

Click here to download our Demands & Needs statement 

Full Key Facts can be viewed by clicking here.

Key Features and Benefits

 If, when you receive the result of a search for which you applied for prior to and received after the commencement of cover, any adverse matter is revealed, the policy provides cover for the following up to your selected limit of indemnity *:

  • the amount of any financial charges registered against the property
  • the reduction in the value of the property.

The policy does not cover contaminated land or any matter of which the buyer was aware at the date cover commences.

The policy covers the buyer and any mortgage lender named in the policy schedule.


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