Originally posted by Troll
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Reply to: Professional Ind Ins
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Previously on "Professional Ind Ins"
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Exactly my pointOriginally posted by TrollHow many here have managed to secure sole trader (proprietor) status for what we do from HMG - years ago it looked an attractive option over the Ltd status - not sure if its realy worth the hassle now a days.
I have not met anyone for ages the does not follow the Ltd model...so liabiity woud be limited and therefore the need for insurance cover reduced.
Only If I was working on something like a Air Traffic control system would I change my view
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How many here have managed to secure sole trader (proprietor) status for what we do from HMG - years ago it looked an attractive option over the Ltd status - not sure if its realy worth the hassle now a days.Originally posted by DiverIf trading as a LTD company you would be liability limited to the assets of the company.
If it's just a laptop, briefcase & mobile phone, I wouldn't worry too much about it.
But trading as a sole trader with your home and everything else you own being liable assets. get insured asap.
Can't be simpler than that
I have not met anyone for ages the does not follow the Ltd model...so liabiity woud be limited and therefore the need for insurance cover reduced.
Only If I was working on something like a Air Traffic control system would I change my view
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If trading as a LTD company you would be liability limited to the assets of the company.Originally posted by TrollThe world of insurance is always waiting to sell you something
You have to ask yourself, do you really need it
If it's just a laptop, briefcase & mobile phone, I wouldn't worry too much about it.
But trading as a sole trader with your home and everything else you own being liable assets. get insured asap.
Can't be simpler than that
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The world of insurance is always waiting to sell you somethingOriginally posted by Diver
You have to as yourself, do you really need itWe have teamed up with leading broker, Caunce O'Hara, to provide competitive insurance cover for contractors (and design engineers).
Joining any insurance scheme couldn't be easier and just involves filling out an online application form.
Caunce O'Hara is FSA (Financial Services Act) registered and ABI (Association of British Insurers) registered and has been trading since 1996. They are the broker of choice for many contractor accountancy, legal and recruitment companies in the UK.
Cover from Caunce O'Hara can be available over the phone if by paying VISA/Mastercard.
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Originally posted by JedHi Guys,
Anybody got any experience of Professional Indemnity Ins, new to contracting ( 1st contract ) and don't have a piggin clue where to get it and what to look out for.
Simple!
http://www.contractoruk.com/insurance/index.html
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Originally posted by alreadypackedDon't do data migration, I even have a tee-shirt
touché
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