Professional Indemnity Insurance

Saturday, March 26, 2011



Professional indemnity insurance, or PI as it’s often known, can help to protect your business if claims are brought against you by a client who is unhappy with the work you’ve done for them. If you’ve made a mistake in your work that needs to be corrected or have been negligent, then indemnity insurance can cover for compensation that may have to be paid. This is a key way to ensure that you’re dealing with people who understand professional indemnity insurance as a product and the professions for which they’re providing cover. Of course, you may not need to phone or email them. When it comes to how much you should be paying for your professional indemnity insurance, there are two things to consider. The amount of cover you need.
Professional indemnity insurance works in a number of ways. It will cover you if you make a mistake in the professional services you have provided should this lead to a dispute with a client. This can have disastrous consequences for a small company or business and a as result it is worth considering the protection offered by professional indemnity insurance cover. Professional Indemnity Insurance (PI) is typically obtained by business professionals who provide advice to their customers. There are two categories of businesses that purchase PI: voluntary and involuntary.
A thorough review of any Professional Indemnity insurance policy wording is essential. If in doubt, professional advice should be sought. Professional indemnity insurance is designed to cover the costs of any compensation claimed by a client of your business. If a client claims against your business, then the indemnity insurance will cover the compensation as well as legal costs. Our governing body, the Nursing and Midwifery Council, requires us to inform all potential clients that we do not have professional indemnity insurance and the implications of this. We expect Independent Midwives to always be conscientious, professional and responsible practitioners.

budget insurance

Currently, Budget Insurance provides a number of features associated with their Budget Van insurance service that makes them attractive to customers. For example they provide low-cost cover, they will find you the best price from 12 top insurance companies, they can arrange for immediate cover (subject to terms and conditions), coverage extension for short trips to Europe and window glass cover. Providing you with the products and services that make life easier and safer has always been the goal and practice of EZ Budget Insurance. When life?s big events or setbacks occur, we?ll be there with the strategies and a firm commitment to your peace of mind and security. Budget Insurance Brokers provide friendly; no nonsense service that is guaranteed to make you into one of the many happily insured patrons of this global brand. You can be sure of the most innovative and up-to-date insurance packages.
Your car can be protected against hail stone damage, car's sound system being stolen and the cost of car hire can additionally be covered by budget insurance brokers. Budget insurance's comprehensive insurance policy covers a car for any accident or theft. Does the same go for budget insurance? Australia has companies galore that offer budget insurance packages and solutions. However, before opting for any of these packages it is best to research the market and consider certain factors.
Life insurance, travel insurance, pet insurance, business insurance and classic car insurance are just more areas in which Budget Insurance are making a name for themselves. Why not log on and let them find the best offers for you? At All-Budget Insurance Agency we take pride in our business and strive to be relationship specialists providing you with the total insurance solution for all your needs. Being insured with the best has its advantages. Budget Insurance South Africa is one of the largest insurance companies there, which is the main reason why you should choose it as your reliable partner. Furthermore, the insurance products offer great flexibility and you will be able to get a lot of discounts too.

Co op Insurance


It seems as though the days of the Co-op door to door insurance sales people have gone forever. While the co-op itself most likely has some type of insurance, you are going to need insurance coverage for your individual unit. The co-op insurance that is purchased by your co-op is not going to cover your unit specifically. That’s because to attract a wide array of health plans and exert purchasing power (bargain on behalf of its members), co-ops must enroll large numbers of employers. But without the ability to “offer substantial choice among well-known health plans, it is difficult for co-ops to attract enrolless, who are drawn to co-ops in part because of their ability to offer such choice.” In other words, it’s the classic “chicken-or-egg” dilemma .

There was a real movement in the 1990s to purchase insurance through co-ops. Those are similar to the exchanges that are being proposed. He thinks co-ops might be too small to offer much of a discount. Sharing is what it’s all about for owners of condos or co-ops. You share walls, roofs, walkways, hallways, boilers, elevators, stairways, as well as other common spaces with other owners.

HO-6 - designed for condos and co-op apartments. Commissioner Scott Martin says say that cost could drop to $18.5 million under the co-op plan. Should a co-op board and its property manager require all shareholders to carry apartment insurance? While each building is its own separate situation, consider the experiences of the owners of a two-bedroom co-op apartment in Manhattan, who came home from a long weekend to slosh their way over a wet floor and find water dripping down the walls and through a hanging light.