Posts Tagged ‘Insurance’

Professional Indemnity Insurance Guide

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Professional Indemnity Insurance Guide

As a freelance consultant you want all your contracts to go smoothly and your clients to be happy with your work. In return, you hope they will pay you on time & engage your services on a regular basis. Sometimes however events can take a turn for the worse. Errors may unintentionally creep into your work, resulting in financial loss to your clients and a potentially ruinous liability claim being made against you. Professional indemnity insurance protects you & your business against such claims.

Who needs professional indemnity insurance?

Anyone who takes a fee for providing ‘advice’ that a client relies upon is considered a ‘professional’. By law, ‘professionals’ owe their clients a legal duty of care, if this duty is breached by a negligent action for example, clients can claim compensation for losses and damages caused by one’s negligence. Professions like Accountants, Lawyers, Architects, Surveyors and Medical professionals all legally require professional indemnity insurance to trade. In recent years its also become common for freelancers working in a wide range of industries like IT, Engineering, Design & Business Consulting to maintain policies, largely because clients now insist on PI cover being in place before they award contracts.

How does professional indemnity insurance protect you?

Professional indemnity insurance covers you against legal costs that may arise as a result of a client filing a lawsuit against you due to negligent actions. Even if the allegations are untrue you still need to defend yourself and the legal costs can be crippling. Without adequate insurance your business and even your home could be put on the line. A professional indemnity policy safeguards you against these costs providing legal power to fight your status and reputation. If you are held liable, the policy will also cover any compensation payments.

How much professional indemnity insurance should you buy?

As a business owner, no-one knows their business and its risks better than you. A lot of clients will have mandatory limits of indemnity in their terms of business with you. Other assignments may require you to make a judgement based on how hazardous or litigious the sector is. Also, if your responsible for big projects & sign offs you may want to consider a higher level of cover. The best advice is to buy as much cover as you can reasonably afford as if you are involved in a lawsuite, the last thing you need is to be underinsured whereby your legal fees exceed your level of cover.

Article Resource:- http://www.coulsonpritchard.com/articles/Professional-Indemnity-Insurance-Guide.asp

know more about Professional Indemnity Insurance:- Professional Indemnity Insurance|PI Insurance

I am a content writer, and writing insurance articles for past 3 years…
Ammenda Michle


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This entry was posted on April 3rd, 2011 under Professional Indemnity Insurance.

Three Important Factors to Consider When Shopping for Army Kit Insurance

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Three Important Factors to Consider When Shopping for Army Kit Insurance

An ever increasing number of military servicemen and officers are taking up army kit insurance cover. Before the advent of such army kit insurance cover, military life for many soldiers was fraught with unspoken anxiety, as one had to live with the knowledge of the fact that they were fully responsible for their army kit, and would have to pay for it were it to get lost or damaged in one way or another. This was an anxiety-inducing thought, as the cost of army kit can be rather high, often running into thousands of pounds (think several months’ pay) for the whole kit.

            Then came army kit insurance. By taking up such army kit insurance, a soldier can live with the peace of mind of knowing that they are covered (at least financially speaking) in the event of their losing their army kit in one way or another. Army kit insurance is one of the specialized military insurance products, alongside military life insurance and personal accident insurance cover (also referred to as pa insurance) which were greeted with the most enthusiasm by both servicemen and officers in all branches of the military. The enthusiasm with which military insurance products like military life insurance like army kit insurance and pa insurance covers were met with led to the growth of specialized military insurance providers like Abacus, which was among the pioneers. Today, as more and more companies offering military insurance products spring up, many soldiers are finding themselves spoilt for choice on which provider to opt for, and what criteria to use in sorting through the various products on offer, as they all look so similar. Here then are three important factors to consider, when you are shopping for army kit insurance.

1.      The cost structure of the cover: Taking any form of insurance cover is seen as a serious financial commitment, and military insurance is no exception. You need to carefully consider the cost of the army kit insurance cover you are taking, and see how that fits into your overall budget. You also need to ensure that the premiums you pay for your army kit insurance cover compare favorably with the benefits you stand to get in the event of your losing or having your army kit damaged. Of course, don’t approach your army kit insurance cover shopping with cost as the only shopping criteria as such an approach often blinds you to other important factors. Simply put, the cheapest is not always the best, though cost is still an important consideration. In looking at the cost, you will also need to consider other elements that are not explicitly mentioned, like annual fees for example. Some army kit insurance providers charge such fees (in addition to the normal premiums) whereas others don’t charge such fees. You need to look at such fees as implicit costs, as they still have to be paid for ultimately.

2.       The benefit-structure of the cover: Alongside the cost structure of the army kit insurance product you are considering taking up, you also need to consider its benefit-structure. This often involves combing through the fine print carefully, looking for catches. Some of the questions you might ask include whether the army kit insurance cover only covers for lost army kit – or whether it also includes damaged military kit for example. You might also want to know whether the army kit insurance comes with worldwide coverage – or whether the coverage is only local (keeping in mind the ever-present possibility of being called up overseas duty).

3.      The product provider: You also need to carefully examine (and compare) military insurance providers providing army kit insurance before committing yourself to one. Some of the things to look at in an army kit insurance provider include their experience (you might, for example consider going for an experienced army kit insurance provider like Abacus, or opt for the relatively newer, less experienced providers), the track record of the army kit insurance provider, and of course the financial stability of the insurance provider you are considering committing yourself to. You might also consider looking at what other products (besides army kit insurance) they offer, and how these other products might appeal to you. As it were, it is often better to get all your military insurance products from one insurer, as they often given great ‘discounts’ for multiple purchases. A company like Abacus for example, offers army kit insurance at greatly reduced rates if it taken alongside personal accident insurance (pa insurance) cover.

With qualified advisers dealing with

military insurance,
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kit insurance and


military PA insurance, many of whom have over 20 years experience in dealing

with service personnel of all ranks, you can be confident that we know what we

are talking about. At Abacus we experts on military insurance and army life

insurance.


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This entry was posted on March 26th, 2011 under Uncategorized.

Van Insurance Quotes

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Van Insurance Quotes

Van insurance is a very important thing for all the van owners. It is not only the legal requirement but it proves as a great help in case of some mishap. There are many insurance companies that are dealing in van insurance. There are a number of policies that these van insurance companies offer to their customers. Whenever you want to insure your van it becomes necessary to take the quotes of the different van insurance companies. It used to be a difficult task in the past as you need to personally visit the different van insurance companies or indulge yourself in the long telephonic conversations with the insurance agents in order to find out the quotes of different van insurance companies. But now as many of the van insurance companies have started providing their services online so it has now become quite easy to get a quote from a van insurance company.

It does not matter that whether you are using your van for commercial purpose or you are you are using your van for personal purpose you definitely want the best quote for your van insurance policy. You should give proper details of your requirement for the van insurance policy. You need to know that whether you need commercial van insurance policy or personal van insurance policy. If you are using your van for commercial purposes just for a few times in a month then also you need a commercial van insurance policy for your van.

While seeking the quotes for commercial van insurance policy few things should be kept on mind such as the commercial van insurance policy will also provide cover to the employees of the company. You can very easily charge the van insurance premium costs as a business expense. The commercial van insurance policy is costly in comparison to the personal van insurance policy. But it provides enough security to your business as well as your employees.

While trying to get quotes for van insurance you can get discount on several grounds. For example you can get discount on the basis of your clean driving record. If you have installed enough safety equipments in your van such as burglary alarm then you can get a discount on its basis also. If you get your van and your home insured by the same insurance company then also you will get a discount in your van insurance quotes.

If you have a driving certificate from a well known driving school then this may also help you in getting a discount in your van insurance quotes. There are several other grounds on which you can avail discount on the quotes of the van insurance premium. It is always advisable to get the quotes of a number of companies before taking your van insurance policy. This will help you in making the comparisons and find out the most suitable quote for the insurance of your van.

Rajkumar Jonnala Freelance Writer and Works for Travel insurance broker Company Which Provides Services like Cheap van insurance, Courier van insurance and many more..


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This entry was posted on March 11th, 2011 under Van Insurance.

Why Get a Commercial Van Insurance

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Commercial Van Insurance
by wallyg

Why Get a Commercial Van Insurance

It is just common for many people to have the need for vans to be able to carry out movement for their business. If this happens to be the situation you are in, then you should really think about if you will get a commercial van insurance or not. In doing so, it is fairly important that you choose the right type of insurance since you would need to do everything to protect it out well for you will never know when an accident happens. It is essential that you will declare to the insurance company to what purpose will you use your van.

To tell if you really need to get commercial van insurance is not so much of a difficult task to do. You simply would have to start at the usage before you are even led to the decision making process. Here are some tips that you can consider to convince you more of the benefit that commercial van insurance can do for you.

Who Registered Your Vehicle

The very first thing that you may want to look at would be who registered the van. If it happens to be registered under your business name, then it is commercial van insurance only which can be available for it. Hence, it is much better that you clearly choose a policy that would be precise in covering your vehicle and you according to the purpose it would serve, whether commercial or personal.

Consider All Employees Involved

If your van is used by many of your workers during their working hours, then you definitely need to get commercial van insurance since most these insurance types already include in their policy the protection of the individuals at risk. Take a good list of all of them and make sure that you include them in the commercial van insurance policy.

The Frequency of Use

If you use it regularly which means you put it out for more risk, then you must surely invest on commercial van insurance. This is also true if you happen to use it regularly for your business operations like deliveries of goods and other products. Also, the more prized the kind of goods that you will carry in your van, then all the more that you should be convinced to get a commercial van insurance for the safety and benefit too of your customers’ things.


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This entry was posted on February 18th, 2011 under Commercial Van Insurance.

The Hurdles of Travel Insurance

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The Hurdles of Travel Insurance

When going away on holiday you may be going to somewhere completely new and different from your usual day to day life.  There are new dangers and risks whether it’s the beaches of Spain or the Rainforests of the Amazon, there are many things that you may take for granted but in reality are extremely costly.

One example is the typical family holiday to Florida, water parks and theme parks are everywhere but if you or a family member were to hurt themselves and need an air ambulance back to the UK then it would cost £35,000.  Obviously no one can afford these expenses hence the necessity of travel insurance.

The trouble is that getting travel insurance is like getting any kind of insurance; you can get turned down for it.  People that get turned down for travel insurance are normally those who have pre-existing health conditions such as heart disease.  People who try applying online may be turned down simply for mentioning they have health concerns but that doesn’t mean that they are excluded from getting travel insurance, some companies may simply require extra paperwork to confirm that you are safe to travel.

There are specialist travel insurers who offer travel insurance for people with health concerns; these unfortunately come with an extended premium which can vary from only a couple of pounds for something like Asthma to a substantially larger amount for terminal cancer.  Another reason you may be turned down for travel insurance is your age, 97% of travel insurers impose upper age limits on their policies and so you may find it harder to find an insurer if you’re in your later years.

Policy holders that are 85 and older are eight times more likely to make claims on their insurance than under 35 year olds but fortunately there are specific insurers like Saga that have no age limit and also cover a large amount of health conditions too.

It’s not just the old and frail that may struggle getting travel insurance, if you plan to engage in some extreme sports there is a long list of insurers who won’t go there such as Norwich Union and Marks & Spencer.  It is important that when you apply for insurance that you disclose all the activities that you are likely to engage in so you don’t risk voiding your insurance policy.

Whilst again, there are specialist insurers available you will find that even they won’t cover some death-defying feats such as base jumping and free-style skiing.  Overall make sure you’re suitably covered for your holidays this year and you’ll save yourself a lot of hassle and money whilst having a great time!

Andy Adams is an IT worker and experienced writer


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This entry was posted on February 18th, 2011 under Air Ambulance From Spain.

Motor Trade Insurance Quote

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Motor Trade Insurance Quote

Motor trade industry is a profitable business in the UK as more people are having their own personal vehicle. As the economy booms so does the motor trade business. Road users are always on the increase as more people are purchasing their vehicles and selling their existing ones to get a new one. In the UK, the number of licensed vehicles increased by 1.8% from 2006 to 2007. Motor trade insurance covers policy holders no whether their business is from home or from a business premise.

 

Consequently, demand in motor trade insurance continues to grow steadily. In order to provide a good service to customers, many motor trade insurance companies are providing motor insurance quotes facilities for both fulltime and part time business. Motor trade insurance quote offer services to a range of motor trade occupations and associated businesses, which includes new and used car dealers, mobile mechanics and motor mechanics, car valet services, body repairers and vehicle movement and import specialists. Basically motor trade insurance quote is a service to potential customer by offering advice on the best motor trade insurance that meet their requirements and situations. The services are performed by experts who have been in the field for many years.

 

Most experts in the motor trade insurance quote service have long been working with or are part of a motor trade insurance company, and the experience they have includes both as brokers and underwriters in their specialist field.  Among the highly competitively services offered are road risks, motor trade combined business and liability.

 

In road risks, the motor trade insurance quotes are based on the risk arising out from their business and their own personal use. A team of leading insurance advisors will offer a fast and highly competitive motor trade insurance quote.

 

Combined motor trade insurance quote is for professional motor trader with more requirements that covers motor trade road risks, liability insurance, and a more comprehensive business insurance protection for business that trades on large numbers of vehicles.

 

Motor trade insurance quote with liability protection covers public liability protection, sales and services indemnity, and employer’s liability insurance.

 

Jane May is a well known insurance agency in the UK. Jane May offers motor trade insurance ,motor trader insurance and cheap motor trade insurance . This article provides advice about how to insurance. Jane May has thousands of satisfied clients.


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This entry was posted on February 13th, 2011 under Motor Trade Insurance.

The importance of professional indemnity insurance

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The importance of professional indemnity insurance

Ever felt the need to protect your business from reputation-damaging claims made by dissatisfied clients? Professional indemnity insurance is ideal in a scenario like this. It is a must to protect your business. As a matter of fact, even the most reputable companies find themselves in legal wrangles with clients. You may be held accountable for negligence, dishonesty, loss of documents/data, etc. Professional indemnity insurance can help you in more ways than one. It will cover you in the event of a mistake made by you while offering professional services. It can save you a great deal of stress in the event of a nasty dispute. It can cover for damages that you are liable for.

Professional indemnity insurance can help you seek direct access to specialist advisors who have a thorough understanding of your business. Advisors can help you avoid enormous legal costs you would otherwise have to pay for. Not only do they offer protection in terms of providing a cover but also protect your reputation. Moreover, you will be at peace with your business. Clearly, the importance of professional indemnity insurance cannot be undermined. Get your cover online!

The advantages of holding professional indemnity insurance are multifarious. Not only does it handle the compensations you might have to pay, but also covers all the legal cost borne by you in case of a suit filed against you. However, it is important to note that professional indemnity insurance does not provide the cover for an unlimited amount or an unlimited period of time. The policy operates for a definite period. This period is categorically stipulated in the terms and conditions of the agreement. Moreover, the cover is provided for a set limit of amount decided during the course of the agreement.

As a professional, you are expected to discharge your duties diligently. You can be held liable for negligence in the delivery of duties. Get professional insurance online at the touch of a button! Also, get the cheapest professional indemnity insurance quote online. You can expect to get the same product and same level of service that you would get at a brick and mortar high street office. The internet has opened up exciting avenues for service providers and service seekers. Imagine organizing your insurance from the comfort or your home or office! It cannot get easier than this!

Log on to the web to get your professional indemnity quote. You can expect to get the cheapest quotes online. It is important to note that cheap professional indemnity doesn’t imply second best professional indemnity. On the contrary, you can look forward to impeccable service and professionalism online. Your cover can be arranged in a matter of a few minutes. You can expect complete peace of mind in return for your money. Be fully protected in the event of any claim for negligence made against you.

Erin Moore is the author of this article on Professional Indemnity Cover. Find more information on Professional Indemnity Insurance here.


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This entry was posted on February 9th, 2011 under Professional Indemnity Insurance.

Professional Indemnity Insurance Coverage

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Professional Indemnity Insurance Coverage

 

Professional indemnity insurance supports you in paying the compensation to a third party, who may have suffered injury, loss or damage through any breach of duty, causing a quantifiable financial loss. Professional indemnity insurance, commonly known as pi insurance, is a financial instrument that indemnifies professionals against any legal liabilities, such as injury, loss or damage caused due to their professional negligence.

Broadly, there are three types of Professional indemnity insurance, namely breach of duty, civil liability, and negligent act, error or omission.

Negligent act, error or omission- is the narrowest form of cover that indemnifies the pi insurance holder against loss incurred only due to their negligent act, error or omission in carrying out the business of the policyholder. Breach of duty is a typical pi insurance that provides indemnity to the insured against the loss arising from any claim for breach of duty made to the insurers during the policy period. Civil liability is another form of Professional indemnity insurance that provides indemnity for any kind of civil liability. This includes breach of contract, libel, and slander

Professional indemnity insurance actually covers many aspects. The followings are the detailed list of the same.

 

Usually the duration of the policy is one year.

Premiums represent a particular part of a firm’s running costs

Professional indemnity insurance only covers the firm, not the interests of their client or any third parties.

PI insurance is written on a ‘claims made’ basis.

The policy pays only after the liability of the claimant is established.

In the event of a claim being made, the policy also covers the cost of legal defense

PI insurance saves the policyholder against any unfortunate situation of facing a legal action or claim arising out of the services he has provided as consultation. It is necessary to build up an understanding of your needs and risks before looking for professional indemnity insurance cover. Professional indemnity insurance is a powerful tool that saves you against any sort of uncertainties in your business that ends up with financial compensations. Understand your business needs and requirements and adopt Professional indemnity insurance coverage to deal with financial uncertainties.

For further information on Professional indemnity insurance and Professional indemnity please contact Coulson Pritchard Associates directly on 01480 470220 or visit at http://www.freelanceinsure.co.uk/


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www.BizCover.com.au Professional Indemnity insurance. Get a free quote online from leading insurers like AIG, Dual & Vero. Compare, Select & Buy Professional Indemnity (PI) insurance Online.
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This entry was posted on February 6th, 2011 under Professional Indemnity Insurance.

Locating the optimal Van Insurance UK based firms

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Locating the optimal Van Insurance UK based firms

Though it was once tough to compare van insurance when you are a small business, looking on the internet may save some money if you invest in your van insurance. Many of us assist various broker agents and insurance providers to acquire the most effective coverage possible. Not only will you find a very good deal with us, but you will probably find the best plans intended for the each and every demand for your business.

When you are trying to find van insurance UK for your company

When you no doubt wish to come across an outstanding deal, there is a selection of things that you can expect to need to keep in mind when you are looking for van insurance, which includes the amount of coverage that you might want, great versatility, and also the price of the master plan at the same time. A large various insurance companies that offer van insurance, yet you may be asking yourself how you can find the right coverage and the best company for your organization.

Just what insurance signifies?

The use of a web-based van insurance UK firm, you can maintain your costs down. One organization with a good standing and provide a honest package to private van motorists is van Insurance Cheap that can provide free legal expenses coverage with all of their insurance plans. You can also select Pay as you go cover or short-term van insurance if you have periods of time when you avoid the vehicle. Your current NCB is usually legitimate forever as soon as you gain a 5 yr NCB.

Because you possibly can directly deal with the insurance company, you will find that we are much cheaper as compared to a number of other van insurance organizations. You do not have to cover virtually any fee, therefore it is cheaper as compared to by using a specialist. Additionally they supply you with excellent customer care at the same time, regardless if you are looking for the proper van insurance UK or perhaps you have insurance with these and you are attempting to make claims. The corporation gives consumers assistance constantly night and day so that there’s often somebody available that will help you.

There are a variety of proper van insurance UK organizations that remain higher above the rest. One of the best companies available is termed Compare Van Insurance Cheap. The corporation provides a great standing and in addition it has the capacity to offer you good quality van insurance on an outstanding value.

We all use a different tactic from some other van insurance organizations. You possibly can do everything relating to your policy on the internet, therefore you will not need to panic about waiting around on the phone all day awaiting someone to answer and also support your insurance needs. All you could want to do is actually find it online and submit an instant form to acquire an extremely swift quote in van insurance. It’s also possible to implement along with manage your insurance on the internet.

If you want to conserve money, obtaining quotes with regard to van insurance on-line is a superb strategy to go. Without doubt you can find a company that will provide you with the particular quotes which you are required and they also provide fantastic service, even though you buy your non permanent van insurance UK with them. Have a van insurance UK Quote.

Name: Nigel Trevett, Commercial Sales Director.

Website Address: Temporary Van Insurance

Van Insurance Cheap: Helping you find the cheapest van insurance online in the Uk

Van Insurance Cheap is one of the leading resources helping to find you the best deal possible.


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Budget Van Insurance search for a model UK ‘Winners 2008′
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This entry was posted on January 30th, 2011 under Van Insurance UK.

Public Liability Insurance 2

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Public Liability Insurance 2

If you are a tradesman working in either a traditional or more unusual trade (such as steel fixing, perhaps wall papering or wardrobe installations), you’ll need comprehensive public liability insurance for tradesmen. You will need to find an industry leader in providing cheap public liability insurance and business insurance specifically for tradies.  

From just .77 per month (paid monthly for your convenience), it’s around the cost of a carton of beer, and an investment that’s worth million dollars in peace of mind against public liability claims.  While tradesmen’s public liability insurance cover for million is common, today more and more tradesmen are opting for million public liability cover.

The importance of maintaining adequate Tradesman public liability insurance cannot be underestimated. Imagine the consequences if someone was injured through an incident or accident caused by you or one of your team. Without tradesmen’s public liability insurance they could sue you for thousands or millions of dollars. You could lose your business or your home.

Your insurance representatives will be only too happy to assist you with public liability insurance quote/quotes.  Search the internet to get public liability insurance online quote or speak to an insurance consultant directly. Cheap public liability insurance isn’t a ‘sell’, it’s a reality. In fact, you can get tradesman liability insurance for around the cost of a carton of beer per month.

It is essential that you read the Product Disclosure Statement when seeking a public liability insurance quote. The PDS covers all aspects of Tradesman public liability insurance package including the important issue of inclusions and exclusions. For example, some business insurance package inclusions don’t apply to some trades and you need to know what’s included in your cover or rather and importantly, what’s not covered.  

When arranging Tradesman public liability insurance, it’s essential that the paperwork is right so that tradesmen don’t run the risk of being under insured or worse – uninsured. While cheap public liability insurance is the goal and reality, be mindful that there are a number of situations that may exclude tradies from a tradies insurance package.

If you are in a trade occupation that involves work in an underground mine or with high voltage power supply or on an airport tarmac you will need to disclose this at the time of requesting your public liability insurance quote/quotes. If your occupation or workplace is listed on a restricted locations exclusion list, this needs to be listed on the application paperwork for Tradesman public liability insurance.

Make sure you find an insurance company that is committed to assisting tradies with the best business insurance cover possible and at affordable prices. They will let you know all the details about the right public liability insurance, Australia policies and we’ll ensure you will obtain the best public liability insurance premium cost.

Call your insurance consultant today for more information and to arrange quotes for public liability insurance, tools insurance, business insurance, commercial vehicle insurance as well as illness & injury insurance (formerly known as income protection insurance).Always refer to your Product Disclosure Statement.

Public liability insurance is essential for all trades. Get a cheap public liability insurance quote today at Tradesure.


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This entry was posted on January 29th, 2011 under Public Liability Insurance.