You may believe that you have arranged all of your business correctly under one policy, however you may be missing fundamental and critical cover to ensure that you have protected your property correctly. Who Owns The Property? If you own the property personally (or via a pension fund, separate business/company) then you should arrange cover …
There are many benefits to being self-employed, such as being in control of your time, choosing who you work with, pursuing projects that spark your interest etc. However, there are also a whole host of responsibilities and risks that come with it. One of the most important responsibilities, and one which will help reduce risk, …
As a business professional, you are probably aware of both Public Liability and Professional Indemnity Insurance, but do you actually know the difference between the two types of cover? Public Liability (PL) insurance and Professional Indemnity (PI) insurance are both commercial insurance policies designed to cover compensation claims. However, the types of compensation claims that …
It has been hinted at by investigators that the recent Notre Dame fire was the result of hot work as part of a restoration programme. This will not be the first time a fire of this kind has severely damaged or destroyed an iconic building, as so far this year there have been almost 200 …
When it comes to a Professional Indemnity claim, you need to notify your Insurers of any claims or ‘circumstances’ that may develop into a claim against you within the timescale stated within your policy. It is usually easy to identify a claim as there will often be a clear indication from a claimant of their …
Within any profession in which a business is providing advice or a service to a client, it is highly recommended that this type of professional should obtain professional indemnity insurance. Accountancy is one of those professions, and we’ll discuss within this article why accountants need professional indemnity insurance, what a policy can protect them from, …
What Insurance Is Required By Law For Photographers? Public Liability If you are a member of the British Institute of Professional Photography or Master Photographers Association, obtaining public liability insurance is compulsory. When you are working out on location or at a client’s premises, if someone is injured, or their property is damaged, you could …
Professional Indemnity Insurance is different to other types of insurance in the sense that you will be given a range of limits to choose from rather than being given a standard limit of cover (the maximum amount your insurer will pay out). Below we have outlined three ways in which you can work out how …
It is of upmost importance that your business has arranged insurance cover specific to the needs of your business, whether that be professional indemnity, employer’s liability, public and product liability, directors and officer’s liability or office buildings and contents insurance. Within every workplace, risks are always going to present and whilst all cannot be avoided, …