Buyers Warranty Indemnity
Insurance Policy Excess
About the Policy
W&I insurance is a strategic tool designed to mitigate financial risks arising from a breach of warranty in a Sale and Purchase Agreement (SPA) or certain other transaction documents to pro-actively manage transaction risks. Predominantly used in share deals, it offers critical protection against potential financial losses associated with unknown or undisclosed matters . This brings with it a number of benefits, including a clean exit for sellers, peace of mind for buyers and facilitation of the negotiation process (thereby enhancing deal certainty).
Important details
Features
Exclusions
- Any Insured Warranty marked as "Exclude
- Prior pending litigation, circumstances
- Civil fines or penalties (but only to the extent that such fines or penalties are uninsurable by law
- Civil fines or penalties (but only to the extent that such fines or penalties are uninsurable by law
Refer to the policy wordings for further details.
