Pay-as-u-go PI insurance?

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Drewster replied

26 May 2010, 13:28
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"
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Olly replied

26 May 2010, 11:52
I'm only getting insurance to fulfill contract obligations, all other considerations are mute (as far as I'm concerned)
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Drewster replied

26 May 2010, 10:59
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......
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swamp replied

26 May 2010, 10:55
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.
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zedAccounts replied

26 May 2010, 06:17
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.
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JulesInch replied

25 May 2010, 21:26
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
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Drewster replied

25 May 2010, 21:14
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.
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Olly replied

25 May 2010, 20:40
I did....amusingly the only relevant link on the first page was the agency through which the contract is through.
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Drewster replied

25 May 2010, 20:25
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!
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Olly started a topic Pay-as-u-go PI insurance?

25 May 2010, 19:26
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.
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