Check out the myIOSH section, then click on IOSH extras, go to the insurance section, look for the PI bit, then click on the link. You can get instant quotes (depending on your needs/amounts) without too much argy bargy. You don't need to ring either, it's instant, which is handy when deciding how much PI cover you want. You can choose PI or PL or both.

Hi IP

I was working as a consultant (sole trader) with £0.5 million cover as this was percieved as adequate by my insurers (Hiscox), however clients started to insist on £1 million and then £3 million, at that point I chucked it all in and went to work for as an employee leaving behind all the hassle of being welf employed, not that I did not enjoy it whilst doing it.

Regards

PaulR

Very difficult question to answer ... bit like "how long is etc"...!!!

There are a couple of things to consider:

- as some posters have stated - consider the maximum likely loss. Basing this on your work activity, what you do, who you do it for etc. It should be possible to work out a rough figure
- check the cover carefully. You need to work out whetehr costs adn expenses are included within the Limit of Indemnity. That will determine whether you need to adjust your views: Remember this is your legal costs plus any claimants costs that you will have to pay if you lose.
BUT
Whatever your caluclations determine there is no answer for your client who can request whatever LoI they like. The classic example of this used to be (may still be) Local Autnorities who routinely requested £5m LoI for PL insurance when they employed small contractors on, for example, small routine maintenance work. Way over the top.

Phil