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Pay-as-u-go PI insurance?

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    Pay-as-u-go PI insurance?

    Evenin,
    Need Public Liability (5mil) and Professional Indemnity (1mil) insurance for next role.
    Could you please point me to a company that does Pay-as-you-go insurance or an equivalent.

    Had a search on here but not found anything.
    Hope u can help..thanks


    Admin note: professional indemnity insurance and public liability insurance available here :-)
    Last edited by Contractor UK; 13 October 2011, 14:38.

    #2
    Originally posted by Olly View Post
    Evenin,
    Need Public Liability (5mil) and Professional Indemnity (1mil) insurance for next role.
    Could you please point me to a company that does Pay-as-you-go insurance or an equivalent.

    Had a search on here but not found anything.
    Hope u can help..thanks
    Seriously type "pay as you go professional indemnity insurance" into Google or Bing or somesuch..... I am willing to bet you'll get some results!

    Comment


      #3
      I did....amusingly the only relevant link on the first page was the agency through which the contract is through.

      Comment


        #4
        Originally posted by Olly View Post
        I did....amusingly the only relevant link on the first page was the agency through which the contract is through.
        Well I get (No sniggering) "Hiscox"..... thats not a recommendation just a statement.

        Comment


          #5
          Did you try Coulson Pritchard (coulsonpritchard.com, I think)
          I know that they offer IR35 insurance as well as PI, but not sure whether they do pay as you go. Check 'em out

          Comment


            #6
            Remember that PI works on when the claim is made, not when you did the work. So if you're really worried that you did a bad job you ought to have PI in place for a year or 2 after you've done the work.

            ZED.

            Comment


              #7
              PI is a big fat waste of money. You need to pay while you are working, and for six years afterwards. That could be £3000.

              Most contractors only have it because they think it shows they are a 'proper business', outside of IR35.
              Cats are evil.

              Comment


                #8
                Originally posted by swamp View Post
                PI is a big fat waste of money. You need to pay while you are working, and for six years afterwards. That could be £3000.

                Most contractors only have it because they think it shows they are a 'proper business', outside of IR35.
                Yes BUT...... What if they are RIGHT?? £3000 might seem cheap then eh??

                I do "love" people who make sweeping proclamations like that!!

                He didn't ask for your opinion on PI.... just where to get it PAYG......

                Comment


                  #9
                  I'm only getting insurance to fulfill contract obligations, all other considerations are mute (as far as I'm concerned)

                  Comment


                    #10
                    Originally posted by Olly View Post
                    I'm only getting insurance to fulfill contract obligations, all other considerations are mute (as far as I'm concerned)
                    moot - Shirley?
                    Wouldn't say its strictly correct usage but I assume you don't mean "unable to speak"

                    Comment

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