Solicitors Indemnity Fund
1 October 2023
The Solicitors Indemnity Fund (SIF) protects consumers of legal services by helping those who might have suffered loss through no fault of their own when using legal services provided by those we regulate. This can be, for example, where the loss was caused by mistakes in advice or documents, or failures in progressing cases. Firms we regulate have compulsory insurance which covers them while they practise and for six years after their firm closes (run-off insurance).
The SIF applies once the six-year run off period has expired. The SIF also covers claims made during, or which relate to, the period a law firm was covered by the SIF master policy.