A brief research over the Internet will give you enough names of firms offering professional indemnity insurance. Some of these firms offer a range of fixed professional indemnity insurance covers, while some offer less fixed and more customized professional indemnity insurance covers. The onus is on choosing a policy and a firm that is beneficial for any contractor.
Find out the minimum limit of indemnity and whether the standard policy provides cover the selected limit of indemnity. Check out the range of additional levels for delivering extra flexibility over premium. This is especially beneficial at times of claims or court cases. Some firms devise professional insurance covers that may limit your potential liability to three times the amount of excess. Do think about it if you get hold of one think.
Remember that each and every claim limit will provide cover up to the level of indemnity for each and every claim made during the policy period. Hence, check out for professional indemnity covers that your firm offers for replacing lost or damaged documents and from dishonest, fraudulence, or immoral acts performed by people working on your behalf. Copywriting and intellectual property is also worth mention. Check out how much cover your firm gives in case of breaches in copyright and confidentiality agreements.
Thursday, June 28, 2007
Thursday, June 21, 2007
Professional Indemnity Insurance for UK Contractors
Recently professional indemnity has widely become famous. Indemnity Insurance protects business from litigations claimed by the client for the losses that he might have incurred on account of any negligence, omission or error. This has been fairly recognized by the contractors and freelance professionals in UK. At freelanceinsure.co.uk you can easily get a quote for professional indemnity insurance. You can also select from five options and up to a limit of £2m. This all is only at the rate of £165 p.a. VISIT HERE
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