Client saying insurance is "Compulsary"

[David71]

To get on the framework the Welsh Gov uses I had to get £10m of public liability and professional indemnity; premium with Hiscox went up a chunk - but not too much.

Paid off though....got the contract I was after :-)

[Andy Hallett]

Have you tried these guys, think you can toggle cover on and off

Insurance for Contractors | Dinghy

[ladymuck]

To get on the framework the Welsh Gov uses I had to get £10m of public liability and professional indemnity; premium with Hiscox went up a chunk - but not too much.

Paid off though....got the contract I was after :-)

Do you recall what the quote was? I could contact them myself but I'm lazy

[David71]

Do you recall what the quote was? I could contact them myself but I'm lazy

You made me wonder...so I checked the certificates.

Per year
Professional indemnity: £1,000,000 = £275.22
Public and products liability: £10,000,000 = £367.44

Thought I had 10mil for each but guess PI wasn't so high for the framework - I know when I applied I did the minimum required insurance....

FYI: If you ever have the pleasure of using a framework administered by Bloom Procurement Services (does Welsh Gov amongst others) be prepared to phone their accounts department EVERY month to sort out their mistakes.