Welcome Guest! The IOSH forums are a free resource to both members and non-members. Login or register to use them

Postings made by forum users are personal opinions. IOSH is not responsible for the content or accuracy of any of the information contained in forum postings. Please carefully consider any advice you receive.

Notification

Icon
Error
PI Insurance
Options
Go to last post Go to first unread
Previous Topic Next Topic
stevenb  
#1 Posted : 21 June 2011 10:50:21(UTC)
Rank: Forum user
stevenb
I would appreciate your opinion on the following matter.

What is a suitable cover for PI Insurance, I currently have £250,000 and I'm starting to think this is a bit low...
Back to top
David Bannister  
#2 Posted : 21 June 2011 17:30:19(UTC)
Rank: Super forum user
David Bannister
Until this year's renewal I had £1m but my largest and important client has required me to increase to £3M, at very significant cost!

However, if left to my own devices I would have retained the £1M limit of indemnity. For the work I do I can not forsee anything going so wrong that the higher limit would be needed.
Back to top
firesafety101  
#3 Posted : 21 June 2011 18:11:47(UTC)
Rank: Super forum user
firesafety101
I went for £1m and think I'm covered for what I do.
Back to top
Heather Collins  
#4 Posted : 22 June 2011 09:03:46(UTC)
Rank: Super forum user
Heather Collins
steven - obviously it depends on the type of work you do. You need to consider who your clients are and what is the maximum type of loss you would be exposed to. £250k sounds on the low side to me. I have £1 million.
Back to top
Users browsing this topic
Guest
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Powered by YAF.NET | YAF.NET © 2003-2025, Yet Another Forum.NET