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Reply to: Monthly PI & PL

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Previously on "Monthly PI & PL"

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  • nomadd
    replied
    Originally posted by DaveP View Post
    Hi,

    My current Insurance runs out on Friday, and my agency needs it in place apparently before they will pay me. As I have only a few weeks left anyway

    I'd rather not buy insurance for the year.

    Does anybody know of PI & PL that can be purchased on a monthly basis.


    Cheers
    Mine had just run out also. Current gig. wouldn't let my on site without insurance (it's a bank) and I went with http://www.hiscox.co.uk.

    I'm doing it on a monthly basis.

    Nomadd

    Leave a comment:


  • Qdos Contractor
    replied
    That's entirely up to them. If someone has successfully completed a contract and is on the bench they often choose to suspend the cover until they get something else. It saves having to cancel in the middle of an annual policy.

    Leave a comment:


  • thunderlizard
    replied
    But PI has to be in place at the time of the claim, not the incident doesn't it? So how do your clients know when to switch it on and off as necessary?

    Leave a comment:


  • Qdos Contractor
    replied
    I would have thought most insurance companies should be able to do it on a monthly basis. We do and for the PI etc it's the most popular way of doing it. Means you can switch it on and off if necessary.

    Leave a comment:


  • SameOldStory
    replied
    Originally posted by moorfield View Post
    Scan your previous policy document, photoshop the start and end dates, email off to pimp.

    That's what I did last year for the last month of a gig

    The pimps, bless their little IQs, just carried on paying.

    So just as your professional indemnity insurance runs out you go and do something unprofessional.

    It's so hard on this board to tell when people are genuinely doing dodgy things and when they are just winding people up for asking the wrong questions.

    Leave a comment:


  • DaveP
    replied
    It's the agency which are insisting on it, otherwise I go without.

    I know I should have it though.

    Leave a comment:


  • Wirefan
    replied
    Originally posted by DaveP View Post
    Hi,

    My current Insurance runs out on Friday, and my agency needs it in place apparently before they will pay me. As I have only a few weeks left anyway

    I'd rather not buy insurance for the year.

    Does anybody know of PI & PL that can be purchased on a monthly basis.


    Cheers

    Why wouldn't you want to renew your insurances? Are you stopping contracting?

    Leave a comment:


  • BrowneIssue
    replied
    Have you tried asking the broker / insurer if they will extend it for a month (or whatever)?

    Leave a comment:


  • moorfield
    replied
    Scan your previous policy document, photoshop the start and end dates, email off to pimp.

    That's what I did last year for the last month of a gig

    The pimps, bless their little IQs, just carried on paying.

    Leave a comment:


  • DaveP
    started a topic Monthly PI & PL

    Monthly PI & PL

    Hi,

    My current Insurance runs out on Friday, and my agency needs it in place apparently before they will pay me. As I have only a few weeks left anyway

    I'd rather not buy insurance for the year.

    Does anybody know of PI & PL that can be purchased on a monthly basis.


    Cheers

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