Insurance

[BoredBloke]

I know it has been done before, but I have been asked for the following...

Copy of the Limited Company insurance certificates (All 3 insurances, Public Liability, Employers Liability and Professional Indemnity should be verified to the limit of £1 million minimum)

That seems a bit high to me - 1mln for all 3 unless I am reading it wrong.

What levels do you lot carry and any good (cheap) places to get them from?

Cheers

[BA to the Stars]

I bought mine via www.simplybusiness.co.uk and it was very reasonable

[thunderlizard]

Here's a good rundown:
http://www.bytestart.co.uk/content/2...urance-p.shtml

Professional indemnity is the only one I actually manage, because I could conceive of having to use it. The level should cover what your client could realistically lose if you feck up - 1m probably about right for a lot of people.

Employer's liability used to be compulsory at £5m, but for tiny companies I don't think it is any more. Conceivably useful in case you do yourself a work-related injury and need more in compensation than there is in the company.
Public liability is dead cheap for contractors anyway - you'd need a real Frank Spencer calamity before it was relevant.

I wouldn't say good=cheap. My main criterion for judging insurance policies is: do I know of anybody who's successfully claimed on it? I'm with Caunce O'Hara, though they're not the cheapest, because I know they've paid up to others in the past.