Professional Indemnity Insurance
Thread poster: Jan Rausch

Jan Rausch  Identity Verified
United Kingdom
Local time: 09:07
Member (2010)
German to English
+ ...
Sep 2, 2010

Hi!

I have had a quotation to cover my risk as a freelance interpreter/translator, as follows:

£ 119.70 p.a. - £ 50,000 limit
£ 138.60 p.a. - £ 100,000
£ 195.30 p.a. - £ 250,00

I would appreciate input from experienced freelancers on which of these limits is required and whether this is a reasonable quotation.

Many thanks in advance.


 

Chris S  Identity Verified
United Kingdom
Swedish to English
+ ...
I'm no expert but that doesn't sound good to me Sep 2, 2010

I get £1 million professional indemnity cover through a general business policy which also covers theft, loss, employer's liability, loss of data, people tripping over and suing, intruders getting shot, all that kind of thing, plus buildings cover, all for about £500 a year.

So it sounds like a lot of money for not much cover to me.


 

Jan Rausch  Identity Verified
United Kingdom
Local time: 09:07
Member (2010)
German to English
+ ...
TOPIC STARTER
thank you Sep 2, 2010

Chris S wrote:

I get £1 million professional indemnity cover through a general business policy which also covers theft, loss, employer's liability, loss of data, people tripping over and suing, intruders getting shot, all that kind of thing, plus buildings cover, all for about £500 a year.

So it sounds like a lot of money for not much cover to me.


 


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Professional Indemnity Insurance

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