Its insurance renewal time again, and can't put my finger on how much PI insurance I need. Anyone got any suggestions on how to put figure on level of cover required?
professional indemnity insurance is normally for about
Liability is when some body or individual can have cause to sue for damage for hardship or personal injury, not being of their fault and where a claim can be lodged against a person responsible for that claim.Indemnity is for professional advice..Liability is for something you do.
Failure to perform is for if something that you install fails to work.
You say the nicest things :xBinkyyou dont need cover
because you are professional and a good bloke
professional indemnity insurance is normally for about
That's my issue, albeit legal get out clauses are very important on certs / PIRs. I think that the actual issue here would be covered by Public liability insurance.Might seem a stupid question, but here goes:You have completed some work all properly tested and certs etc but then the following week property burns down and is going to cost a lot more than 50k to rebuild. So what happens on the insurance/ legal side then?
My insurance company has decided to reduce cover from
Nope thats nowhere near stoopid enough!!!Might seem a stupid question, but here goes:You have completed some work all properly tested and certs etc but then the following week property burns down and is going to cost a lot more than 50k to rebuild. So what happens on the insurance/ legal side then?
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