Has anyone on here ever had to claim......

[Wobblyheed]

on their professional indemnity or employer's liability insurance that most agents insist on?

[Wobblyheed]

Hmmm 65 views and no response. Is that good or bad

[MrRobin]

No.

Noone has ever checked that i have it or asked to see a certificate of insurance either.

[craig1]

I think the answer is likely to be "no" for almost every contractor out there. You'd need to balls up to a very significant financial loss for a client to want to get into a handbag fight with an insurance company that will look to evade responsibility on the most trivial of grounds. Even then, unless you're doing every single bit of the work on a job or have almost a malicious level of incompetence then they'll realise that they've little chance of getting anything from a claim.

Edit: you just need to look at the level of cover you can get for the premium to realise the risk to insurers of having to pay out. You can get 7 figure insurance for a few hundred pounds. Insurers aren't going to give out insurance that cheaply if there is any risk at all they'll have to pay.

[wim121]

Nope .......

[wim121]

I think the answer is likely to be "no" for almost every contractor out there. You'd need to balls up to a very significant financial loss for a client to want to get into a handbag fight with an insurance company that will look to evade responsibility on the most trivial of grounds.

This .....

[Bugbait]

Nope, but every agent in the past 7 years has asked for the insurance certificate as proof before commencing though. I move my cover up and down based on the requirements of the current contract.

[Wobblyheed]

As I thought - mine is up for renewal. Agent asked to see certificate at the onset of the contract but how would they know if I didn't bother for the remainder. Could then wait until the next gig came along and I was asked for it again before renewing.

[Bugbait]

Although probably a low risk, I’ve had contracts (possibly all but would need to check) where it stated that adequate insurance was to be maintained for the duration of the contract period. They’re unlikely to check but Murphy’s Law and all that. At the end of the day it’s tax deductible and less than a day’s income for many so why skimp on it?

[Wanderer]

You can get 7 figure insurance for a few hundred pounds. Insurers aren't going to give out insurance that cheaply if there is any risk at all they'll have to pay.

WHS. Where else can I get an insurer to underwrite millions of pounds of liability for a few hundred quid?