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Old 19.04.2007, 10:01
rdab100 rdab100 is offline
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Re: Professional Indemnity Insurance (IT contractor)

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Unless your company has significant assets, you are unlikely to be sued in the event of a serious claim. If you have such a policy , you certainly will be as the lawyers eyes light-up.

If you are doing any job involving real risk, the cost of indemnity insurance is likely to be prohibitive in any case.

dave
Only 300-500/year for 5 million cover in UK... but then renewed same policy for few years. Never had to claim :-)

Dom
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