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Posted By Byron Rodgers
Anyone got the details of an inexpensive indemnity insurance provider? One which specialises in Safety, consultancy, that sort of thing.
I'm just about to start up and I know I need this cover from day one.
Thanks
Byron
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Posted By peter gotch
Byron,
Can't answer your direct question, but there is a broker often advertising in the Practitioner.
You need to look at the excesses, though these should be rather less than for a multi-disciplinary practice such as ours (where it is a six figure sum).
Also insurers starting to exclude any cover for asbestos, an area which is a potential banana skin for a H&S consultant.
Good luck
Peter
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Posted By Jason Gould
Brian I think i saw this covered on previous threads you may need to check history.
I would appreciate it if you could forward some details if you come accross them as i will be ready in the next 6 months.
At the moment i am downloading as many images clipart jokes and phrases to spicen up my future work which i will then create a cd for personal use let me know and ill arrange to send to you in future. Best of luck in your new buisness.
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Posted By Paul Craythorne
Byron,
I used Sennet Insurance and got £1,000,000 cover for just over £700 p/annum.
Try www.sennet-insurance.co.uk
Regards,
Paul Craythorne
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Posted By Geoff Burt
Paul
Mine's much of a muchness with another company but I was talking to a fire consultant last week and his is £2700 for the same £1m. I assume (would guess) that the risk with fire consultants is higher?
Regards
Geoff
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Posted By Robert Paterson
Just to add to this thread . I was wondering on how much indemnity insurance should a consultant be covered for when just starting out. Any thoughts on that would be much appreciated.
Jason, I would be interested in the information you have as I may have to look at the posibility of consultancy on a full time basis. Any help in that direction would be helpful.
Thanks
Regards
Robert Paterson
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Posted By Paul Craythorne
I went for the £1,000,000 cover because I do work for a large insurance company and also for other consultants who required me to have a minimum of £1,000,000.
I suppose it depends on what level of work you are doing and who you are doing it for but I personally would not have gone below £500,000
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Posted By Bob Pedley
Bryon,
Try: Smithson Mason Group, 31 Clarendon Road, Leeds, LS2 2PA tel 0113 294 4000
Bob
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