Insurance?

[Kowalski]

Some good advice here, thanks for that.

I have been contracting for years both here and in Canada and Dublin but this is the first time I have gone down the Limited company route. (And every bastard wants money for something - lol)

I am with SJD and they recommended their broker Caunce O'Hara. They want £357 pa which I suppose is OK but I will get quotes from others. I wouldn't buy car insurance without shopping around.

Thanks people.

[MobileCheese]

HISCOX Business insurance worked out cheapest for me, they also allow you to pay monthly with no interest charge, even better you wont have to pay the first payment until 2 months after taking the insurance out. Not sure if you can do the insurance month on month or policy is full 12 months regardless, mine works out £24 a month for PI £250k cover and PL £1mil cover.

[sathyaram_s]

You have to check if your PII is based on claims made or occurance.

http://www.randelldorling.co.uk/PDFs...occurrence.pdf

All PIIs I have looked at are occurence based. So, if there is a possibility of a claim, it is not advisable to cancel it at the end of a contract.

For IT Contactors who are doing development work as part of a team , PII is not required, IMHO, unless you contract stipulates it.

[RightLaugh]

You can't go wrong with Cater Allen (Bank AC), SJD, Randell and PCG.
The premier companies to be with in Contracting.

[Pondlife]

I am on a 6 month contract - do anyone offer insurance for 6 months or will I have to purchase 12 month?

If the client is accepting your work quality by virtue of signing your timesheet then the Prof Indem insurance shouldn't have to go past the end of the contract. If not, then you may need it for a duration afterwards.

[chef]

Randell Dorling.. with discount obtained through PCG (Professional Contractors Group) membership (cue Milan with the "benefits of PCG" speech)

both highly recommended.

i'm also with SJD, no complaints whatsoever so far.

oh and welcome

[TheFaQQer]

My understanding is that all insurance is for 12 months; take a look at the two links below for some comparisons, they both come with good recommendations.

http://www.randelldorling.co.uk/index.html

https://www.caunceohara.co.uk/quick_quote.html?tid=122

Some will give you a partial refund if you cancel the insurance mid-way through the year.

If you're going to continue contracting, it's worth it to continue paying it though.

[KevinS]

Hello
First post here so go easy.

I need to set up the following.
Employers Liability, Public Liability and professional Indemnity insurance.

2 questions,

Best place to try that will give the cover I need and value for money?

I am on a 6 month contract - do anyone offer insurance for 6 months or will I have to purchase 12 month?

I am with SJD as my accountants and they have suggested a company just wondering if there is anyone else out there that people are with.

Thanks in advance.

I have all mine through Hiscox.. IIRC, there was no minimum term or a maximum.. It keeps going as long as I keep paying the premium (been with them for 2 1/2 years or so), but not needed to make a claim..

[Pondlife]

IIRC I'm through Randall Dorling using the PCG dicounted scheme.

[oracleslave]

Hello
First post here so go easy.

I need to set up the following.
Employers Liability, Public Liability and professional Indemnity insurance.

2 questions,

Best place to try that will give the cover I need and value for money?

I am on a 6 month contract - do anyone offer insurance for 6 months or will I have to purchase 12 month?

I am with SJD as my accountants and they have suggested a company just wondering if there is anyone else out there that people are with.

Thanks in advance.

I use Caunce O Hara and although I have never had to make a claim I think at the time I was looking they were pretty reasonable.

[Signo_cypher]

Hello
First post here so go easy.

I need to set up the following.
Employers Liability, Public Liability and professional Indemnity insurance.

2 questions,

Best place to try that will give the cover I need and value for money?

I am on a 6 month contract - do anyone offer insurance for 6 months or will I have to purchase 12 month?

I am with SJD as my accountants and they have suggested a company just wondering if there is anyone else out there that people are with.

Thanks in advance.

My understanding is that all insurance is for 12 months; take a look at the two links below for some comparisons, they both come with good recommendations.

http://www.randelldorling.co.uk/index.html

https://www.caunceohara.co.uk/quick_quote.html?tid=122

[Kowalski]

Hello
First post here so go easy.

I need to set up the following.
Employers Liability, Public Liability and professional Indemnity insurance.

2 questions,

Best place to try that will give the cover I need and value for money?

I am on a 6 month contract - do anyone offer insurance for 6 months or will I have to purchase 12 month?

I am with SJD as my accountants and they have suggested a company just wondering if there is anyone else out there that people are with.

Thanks in advance.