New contract requests 10m 'civil liability insurance' - anyone else seen this?

[ReallyTallTony]

Hi,
As the post title says, I have been asked to provide £10m Civil Liability insurance for a new contract. After a bit of reading the key difference between Professional Liability and Civil liability is that under Civil liability you can be required to pay out even if you are not negligent.

"In terms of professional indemnity insurance, a 'civil liability' wording is the widest available form of cover and wider than the usual 'negligence' or 'errors and omissions' wordings. This wording will cover situations where a policyholder may be held liable for a loss, without having being found to be negligent. "*

Seems a tad extreme. I have pushed back gently, requesting that we stick to the 'standard' insurances and await a response from the agent.

Is this something that anyone else has been asked to provide?

Cheers,
Tony


*What does Civil Liability mean? | Professionalindemnity.co.uk

[WTFH]

How much does £10m civil liability cost?

[cojak]

Hi,
As the post title says, I have been asked to provide £10m Civil Liability insurance for a new contract. After a bit of reading the key difference between Professional Liability and Civil liability is that under Civil liability you can be required to pay out even if you are not negligent.

"In terms of professional indemnity insurance, a 'civil liability' wording is the widest available form of cover and wider than the usual 'negligence' or 'errors and omissions' wordings. This wording will cover situations where a policyholder may be held liable for a loss, without having being found to be negligent. "*

Seems a tad extreme. I have pushed back gently, requesting that we stick to the 'standard' insurances and await a response from the agent.

Is this something that anyone else has been asked to provide?

Cheers,
Tony


*What does Civil Liability mean? | Professionalindemnity.co.uk

I think that’s a good call. If you are an IT contractor you should need anything more than the standard liability insurance.

[ReallyTallTony]

How much does £10m civil liability cost?

I've not been able to get a quote so far. That's part of the issue.

[PerfectStorm]

As a contractor you'll be asked every so often to provide Employers Liability insurance. If you don't have any employees (other than yourself) then it's not needed. In the same way, I would just send through your standard professional indemnity and see if that shuts them up. Or pay for it, but it sounds like it could be called up on...

[northernladuk]

Just to give some context what do you actually do?

[courtg9000]

Well Mr (or Mrs) agent, once I have obtained a quote I will advise the required uplift in rate which will be non negotiable. I already carry these (list them) please tell me why these are not suitable within (timeframe) or I will accept another offer without fail.

[David71]

As a contractor you'll be asked every so often to provide Employers Liability insurance. If you don't have any employees (other than yourself) then it's not needed. In the same way, I would just send through your standard professional indemnity and see if that shuts them up. Or pay for it, but it sounds like it could be called up on...

Not always; I've had to provide employers liability in case I employ someone after I'd accepted the contract! Madness but the cost of the EL insurance wasn't enough to worry about.

[ReallyTallTony]

Just to give some context what do you actually do?

Hi northernladuk. I offer Procurement, Contract and Vendor management services. This is for a large org based in US but with a UK presence.

[northernladuk]

Hi northernladuk. I offer Procurement, Contract and Vendor management services. This is for a large org based in US but with a UK presence.

So that could be why they want civil liability instead of professional indemnity in case you handle a bad deal and they can claim rather than you actually doing something negligent or wrong?