If you are providing a service where minors are participating in an activity or receiving a treatment it is essential that you comply with any laws and local legislation that are applicable. Consent should always be obtained from the legal guardian, and in the event that a third party (ie step-father/mother) without legal status is acting on behalf of the guardian, written authority from the legal guardian authorising the third party must also be obtained. All authorisations/consent forms to be kept on file.
If you look at the wording carefully you will see that your signed declaration that the information entered is correct is required at or before a claim NOT at the time the policy is issued.
We pride ourselves on being the first to introduce commercial insurance that does not require a signature in order to have a policy issued.
This makes the process very convenient because the only time you would be called on to confirm that your information is correct is in the event of a claim, and, if there were a claim there would be a flow of paperwork anyway and a declaration would be just one of the papers exchanged.
Cost is dependent on a number of factors including annual income, level of cover, number of people covered, whether or not overseas cover is included. You can refer to the product page for more information, or simply take out a quote which only takes a couple of minutes.
We require this for one reason - in order to gain an indication of the size of the business.
We are able to provide insurance to business practices where the total income is up to a maximum of £1,2500,000 pa. This is not profit (after taxes and expenses), but the total revenue of your business.
Your income level will have an impact on the premium. Please see the ‘How much will it cost’ section for more details.
Yes, you can.
When you proceed to purchase you will be given the choice of paying monthly or annually. However, it is an annual policy and you are expected to maintain the monthly payments. You should regard this as spreading the cost rather than purchasing monthly coverage.
We do not offer business advice. However, we can add a few comments that might be helpful in answer to your question.
You do not need to have a 'company' in place before starting to take on clients or to obtain insurance. But, you should have insurance in place as soon as you start to take on clients. If, at a later date, you form a company the policy can be altered to take that into account and will cover you before the company was formed and thereafter.
Insurance cover provides you with the comfort that in the event of something 'going wrong' with the service you provide you are covered against a valid claim.
The Financial Conduct Authority (FCA) is the regulatory body charged by UK law to regulate the financial markets in the UK. This, of course, includes the entire insurance market and this firm.
For ease of reference you may use this link direct to the FCA Register - CLICK HERE where you may check the registration of this firm - or any other regulated by the FSA.
It is a criminal offense to undertake any regulated activity (as those activities and markets regulated by the FCA are called) without the appropriate FCA authority.
The financial regulation standards in the UK (enforced by the FCA) are probably the toughest in the world, and the process to become regulated takes into account all factors appropriate to the running of a business.
Where Westminster Insurance Limited does business in other parts of the EU - such as Eire - it remains under the same stringent regulatory conditions as if it were in the UK.
Professional bodies are usually set up to protect the interest of members and set professional and ethical standards for practitioners. The FCA is set up to protect the consumer. The conditions for authorisation are stringent, appropriate and thorough as is the ongoing monitoring of every person or firm regulated by the FCA. Accordingly, there is no professional body that Westminster Indemnity Ltd could belong, or subscribe to, that would further enhance the protection our customers receive.
We are a fully automated process and provide all the information needed for you to make an informed decision online.
A quotation is available 24/7 online. Anywhere on our website simply click on the ‘Get a Quote’ button. That will take you through the questions necessary to generate a quotation. It’s all straightforward and simple and once produced you have the option to save the quote for later or proceed direct to purchase.
If you choose to proceed to purchase, you have the option to pay monthly or for the whole year by Credit or Debit Card and once the transaction is authorised your policy is issued immediately. Your documents will be emailed to you for you to print and save.
For more details on this click on the ‘Quote/Purchase Process’ tab under Help and Support and if there’s still anything that remains unclear, simply give us a call, we always love to chat.
Let us jump directly to the example.
Say you are a small limited company dealing with sports and health coaching and you have insurance with us with cover level £1,000,000. At the beginning of the year a visitor walked into your office, tripped on your doorstep and broke their arm at your premises. They say that it’s your fault because it happened on your watch and claim for £50,000 Public Liability for this mishap. Then another client comes and claims that the Coaching he paid for didn’t get him the results promised and in fact has lost him his job. This is a £100,000 Professional Indemnity claim. This is £150,000 in two claims, not to mention the piles of legal costs and advertising costs to restore your damaged reputation.
Assuming that you notify us straight away of these claims and meet the underwriter’s criteria stated in our policy wording, our policy will indemnify you for the two claims, as well as for the legal and advertising costs that may arise.
All of this means that we will indemnify you for any claim that you become aware of during the term of the insurance and meets the policy criteria up to your chosen cover level.
Most policies today are claims made. Ours is!
A ‘Claims made’ policy is one in which the insurer will consider a claim they are informed of and the claim is first known about during the policy year. The incident that caused the claim could have been years ago - but the key dates are the date on which the claim is first known and advised, and the Retroactive date.
A ‘Claims made’ policy with no retroactive date - or one that is the start date of your business - can be renewed annually and all the time you are insured any claim that arises will be dealt with by the current insurer. When you stop work you then need to have ‘run-off’ period of cover which continues to provide you with cover against a claim that can be made in the future. Clearly, ‘run-off’ cover is not required for a claims arising policy.
A ‘Claims arising’ policy means the insurer in whose policy year the claim actually arose - it could have been years ago - deals with the claim.
Most policies are ‘Claims made’ for the very simple reason that the insurer can "close his books" after the policy year. An insurer issuing a ‘Claims arising’ policy can never close his books.
You do not want to be switching between the two without being fully aware of the consequences. If you move to a ‘Claims arising’ policy from ‘Claims made’ you could almost wind up with the worst of all possible worlds!
The Law and Jurisdiction of the policy is specified as ‘The Law of England and Wales’. Law and jurisdiction are two different matters. 'Law states what country's laws are to apply to the contract, and the 'Jurisdiction' is which country's courts are to have jurisdiction. Both are in relation to disputes arising out of the contract between the Insurer and the Policyholder.
What does ‘Territorial Limits’ mean?
The Territorial Limits are the countries and territories where the policy will provide cover to the Policyholder. This is where the policy will accept the serving of formal legal action against the Policyholder. The insurers will respond to a valid claim from a country or territory within the Territorial Limits of the policy, and the courts of the country from which the claim arises shall have the jurisdiction to hear the dispute arising out of the contract.”
The simple answer is No.
Let us investigate who is actually insured by an insurance policy and who a "complainant" should deal with.
We therefore need to fully understand who provided the service, and who is covered under the terms of the policy.
If both are the same person - then all well and good.
But if the person who provided the service is an individual and the claimant lodges a complaint against them because they alone provided the service, as evidenced by Terms of Business, who was paid, who the contract was with - the fact that they may also be a part of a group that is insured is of no concern or benefit. In such a case the Group did not provide the service, the individual did, and did so outside of the group activity.
It all depends on what you "do" at a "Pamper party". If, at a "Pamper party" what you do is practice one of (or a number of) the disciplines, therapies or business practices we provide cover for and are specified on your policy, then you would be covered and there would be no extra charge.
Each discipline, therapy and business practice has a very simple description – a definition of what it is - so you should read them carefully and be sure what you actually do at your "Pamper party" is what we cover you for.
Before we answer the question directly, let us first establish who is covered and for what.
You could therefore argue that it doesn't really matter where employees or directors actually live or reside.
What really matters, is where business is conducted, and where in particular any business was conducted that gave rise to a valid claim.
The underwriters will ONLY respond to a claim that is brought under UK jurisdiction, against a policy holder that is delivered to a UK address, written in English, meets the criteria for cover (like: the policy holder is actually covered for the business activity that is the subject of the claim) and meets the other criteria.
So, to summarise the answer: Where any employee or director of a company lives has no effect on the term of cover, one must be careful NOT to extend that line of reasoning to mean that the underwriters will consider any claim of any sort from anywhere in the world.
The answer lies in the context of what the "retail store" actually does. Our cover does not include cover for a "retail store". What it does cover is products and services that are sold by you in the course of the business practice that you are covered (by us) for.
It would, in our view, be unreasonable to claim that any business practice we provide cover for has, as an essential element of that business, a retail store. We would see the sale of products that are a part of your practice as more incidental than full-on sales activity of product.
Dependent upon how the store will operate and what it will sell you might be better placed to obtain retail store cover - but it all depends on how the "store" will work.
In the event of a claim that involved the sale of a product (as opposed to the sale of your expertise/service) the underwriter would want to establish that the product sold was as a direct result of, and an extension to, your professional practice and not a stand-alone retail store.
In short, the answer is not a lot in the practical world. They are expressions that effectively means the same thing but tend to be used in different types of business. The insurance they provide covers essentially the same thing - the consequences of a claim that you did something wrong or didn't do what you should have done.
It's perhaps easier to answer the question by asking should an Architect call his cover - Medical Malpractice (clearly no), Errors and Omissions (well maybe - but E&O doesn't include "advice") or clearly Professional Indemnity would be the answer.
For the medical consultant it would actually be medical malpractice.
This is an easy one to get tied up with the words of the title. What's really important is what the cover provides.
In all of the cases used to illustrate this here the answer is - the cover provides for a claim against you for getting some part of your business wrong. Be it an error, omission, incorrect procedure - the claim that you "plain and simple" made a mistake.
First, we need to get to grips with very slightly different words that can mean very different things, and only apply to Professional Indemnity policies.
Claim made: When a claim is made
Claim arising: When the incident that caused the claim occurred - it could be years ago
With Motor insurance for example, when there is a claim there is no great time gap between the "accident" that gives rise to the claim and when the claim is made. A claim is made immediately following an "accident".
Professional Indemnity can be quite different. The claim can arise years after the incident that causes the claim.
So, by way of example, if your policy year was 1st January - 31st December 2018 - then if between 1st January 2018 and 31st December 2018 you first became aware of a claim (and it related to an incident say 3 years ago) and advised the insurer then the insurer will deal with that claim, even though the incident that caused the claim happened years ago.
If you have a break in your insurance coverage (ie a few month gap between policies) then when you renew your policy, you have the option to retain the original Retroactive Date of Nil (incidents any time in the past covered) or change it to the start of the new policy (incidents only after this date covered).
There are 5 key dates relating to your policy and coverage.
‘Policy Start Date’ and ‘Policy End Date’. This is the policy term and usually these dates are 1 year apart. You are covered for valid claims made during the policy term, dependent on the ‘occurrence date’ and ‘retroactive date’.
‘Occurrence date’ is the date on which the incident happened, that later gives rise to a claim.
‘Claim date’ is the date you first know of a claim and the insurers are informed.
‘Retroactive date’ is the date after which the date of occurrence must be in order for it to be considered.
Background:
When we started in 2003 our policy was crafted and constructed to cover Coaches and what Coaches do. We soon discovered that some Coaches are engaged in other therapies and disciplines, some of which have "medical" elements, and we wished to provide cover for them also. As a very simple example - Aromatherapy - does have a medical element to it; it might not be much, but it is there. So that's the background as to why "medical malpractice" is now included within the policy.
What does it mean to you if these terms do not apply to you?
The policy is now designed to cover a very wide range of business practices, so it is always possible that some clauses will have no relevance to you.
If the business practice you wish to cover has no "medical" element at all (and many we cover have NO medical element) then those clauses of a "medical nature" have no relevance to cover and can be safely ignored. If a clause does not apply, then the fact that it is within the wording has no detrimental effect. Quite simply, if they do not apply to you - they do not apply to you - so just ignore them.
The benefit of what may be "surplus wording" in some circumstances is that one standard set of wording can be used across many different business practices. The fundamental cover provided does not change because of surplus words.
We offer £1,000,000, £2,000,000, £5,000,000 and £10,000,000 (by agreement) cover per claim.
Many of our customers believe £1,000,000 cover is perfectly adequate.
Some have £2,000,000 of cover because their clients insist upon it. You will probably find this to be the case if you participate in any public shows/events. Some public venues are now even asking for up to £10,000,000 cover.
Others determine that due to the size of their business or the type of service they offer and the potential risk, the £5,000,000 is more appropriate.
Public liability covers a claim made against you by a member of the public, and that means it isn't necessarily a client. It is quite different to Professional Indemnity and covers an event that has no direct connection with your professional practice. It is meant to protect you financially, should someone held you or your business responsible for injury or property damage. A claim could be for almost anything where there is the opportunity to point the finger at you.
Example: A visitor trips up and breaks a leg while walking on the carpet in your office. Easily done, isn’t it? Yet, this is all it could take to receive a claim for tens of thousands of pounds and this is exactly the sort of thing Public Liability insurance covers.
Ever made a mistake or had a bad day at the office? It may be something you did that you should not have, or something you did not do that you should have.
Example: In one of your coaching sessions you happen to give an inappropriate advice to your client which leads to them filing a claim against your business. Can you cope with the financial consequences following this, even if you didn’t do anything wrong?
The policy is provided as an annual policy and is intended to be kept in force for the full year. There is an option to pay your premium by monthly installments but this does not mean that it is a monthly policy - you are simply spreading the cost.
However, if you need to cancel your policy, subject to the following conditions as detailed in Clause 7.8 of your policy:
If the policy is cancelled within 14 days
This policy has a cooling off period of fourteen (14) days which starts from either of the below dates, whichever comes later:
You can cancel this policy within the fourteen (14) day cooling off period by writing to Westminster Insurance Ltd. Provided you have not made a claim, you will be entitled to a refund of any premium paid, subject to a deduction of £15 of the policy fee which is retained to cover reasonable administrative costs. The policy will be cancelled with effect from the start date of the period of insurance and treated as if it never existed.
If you cancel the policy after 14 days
If this policy is cancelled after the fourteen (14) day cooling off period or following notice of cancellation by us, provided you have not made a claim, you will be entitled to a refund of any premium paid, subject to a deduction of a £35 policy fee and for any time for which you have been covered. This will be calculated on a pro rata basis based on the number of days covered.
If you pay your policy in monthly instalments, in this event, the period of insurance will equate to the period for which premium instalments have been paid to us. The cancellation and amended period of insurance will be confirmed in writing by us. There is no refund payable when a monthly paid policy is cancelled.
Note
If we pay any claim, in whole or in part, then no refund of premium will be allowed
Most certainly - the answer is Yes.
We do not charge extra to add more business practices, either at inception or at a later date. However, there are certain disciplines within a higher premium tier, which would cost extra to add. So if you added something that is in the same or lower premium tier than your current coverage then there would be no more to pay.
All you need do is contact us when you are ready and we will add them for you.
Note: Any Mid-Term Adjustment which requires a payment cannot be split into monthly instalments and needs to be paid in one go. The Mid-Term Adjustments follow the natural expiry date of the policy.
Again, two options here:
1. If you are obtaining a new insurance policy with Cyber & Data Liability add-on, you will be able to choose payment by monthly instalments.
2. If you want to add this cover mid-term, you will be required to pay the whole amount of the add-on product.
This policy would not cover any claims, including arbitration, brought outside of United Kingdom, Channel Islands or Isle of Man.
Short answer, yes.
Long answer, if you happen to transfer a computer virus to someone with whom you do business OR if a hacker attack was specifically targeted at you, we will pay you the necessary costs and expenses for the damages you incurred.
Yes. With this policy in place we will be able to indemnify you in such an unfortunate scenario. The appropriate level of cover will also provide you with compensation for the advertising costs aimed to restore your reputation following such a claim.
If you have received a notification for a claim, please get in touch as soon as possible.
Once you have added an additional area of cover to your policy, it cannot be cancelled during the term of the policy. However, when your policy becomes due for renewal you can remove it from the coverage that you require for the following year's policy.
Yes, you can add this additional protection to your existing policy at any time during the period of cover. We refer to this as a 'mid-term' adjustment.
Follow these simple steps:
Please note that the last 6 weeks of the policy are considered the renewal period and you may not make changes through the customer account during this time. Changes can still be made by contacting the office.
The answer to this question will depend on whether you:
1. want to get a quote for Professional Indemnity, Public Liability and Medical Malpractice policy including Cyber and Data cover, or
2. already have an existing policy with us and would like to add Cyber Liability cover
Answer 1
We are a fully automated process and provide all the information needed for you to make an informed decision on-line.
A quotation is available 24/7 on-line. Click on the ‘Get a Quote’ button. That will take you through the questions necessary to provide a quotation. It shouldn't take more than a few minutes and once produced you have the option to save it for later or proceed direct to purchase.
If you choose to proceed to purchase, we will collect your contact details and then request payment. Payment is by Credit or Debit Card and once authorised your policy is issued immediately. Your documents will be emailed to you for you to print and/or save.
Answer 2
If you would like to see the cost of adding this to your existing policy you can find the details on the Cost tab of the Cyber and Data page. If you start the process of adding this to your policy you will also be shown the price before you confirm you want to go ahead.
To make this change simply login to your account where you can choose the cover level you want, see the cost and proceed to payment. The amended policy documentation will automatically be emailed to you immediately after payment.
Please note that the monthly payment option is not available for this additional purchase for an existing policy.
Again, two options here:
1. If you are obtaining a new insurance policy with Employer Liability add-on, you will be able to choose payment by monthly instalments.
2. If you want to add this cover mid-term, you will be required to pay the whole amount of the add-on product.
The answer to this question will depend on whether you:
1. want to get a quote for Professional Indemnity, Public Liability and Medical Malpractice policy including Employer Liability cover, or
2. already have an existing policy with us and would like to add Employer Liability cover
Answer 1
We are a fully automated process and provide all the information needed for you to make an informed decision on-line.
A quotation is available 24/7 on-line. Click on the ‘Get a Quote’ button. That will take you through the questions necessary to provide a quotation. It shouldn't take more than a few minutes and once produced you have the option to save it for later or proceed directly to purchase.
If you choose to proceed to purchase, we will collect your contact details and then request payment. Payment is by Credit or Debit Card and once authorised your policy is issued immediately. Your documents will be emailed to you for you to print and/or save.
Answer 2
If you would like to see the cost of adding this to your existing policy you can find the details on the Cost tab of the Employer Liability page. If you start the process of adding this to your policy you will also be shown the price before you confirm you want to go ahead.
To make this change simply login to your account where you can choose the cover level you want, see the cost and proceed to payment. The amended policy documentation will automatically be emailed to you immediately after payment.
Please note that the monthly payment option is not available for this additional purchase for an existing policy.
1. Ltd company which has a single Officer (Director/Owner/provider of service) who is 100% shareholder – Employer Liability Insurance is not required.
2. Ltd Company which has two or more shareholders but only one single Officer (Director/Owner/provider of service), i.e. there is no other person whatsoever doing work in the company – Employer Liability Insurance is not required.
3. Ltd Company which has two or more shareholders and two or more Officers (Directors/Owners/providers of service) – Employer Liability Insurance IS required even in cases when all employees are family members.
4. If not Ltd Company, any family-run businesses do not require EL for “immediate family employees” (husband, wife, father, mother, grandfather, grandmother, step-father, step-mother, son, daughter, grandson, granddaughter, stepson, stepdaughter, brother, sister, half-brother or half-sisters). We would like to add that although not compulsory it may be advisable for family unincorporated businesses to purchase EL cover.
Employers Liability insurance provides compensation to employees in the event that they have a valid claim of bodily injury, sickness, disability or disease caused by the work they carried out as part of their employment with you. It will also cover the legal costs involved in the claim.
In accordance with the Employer's Liability (Compulsory Insurance) Act 1969, Section 2, if you have 'employees' then it is a legal requirement to have a minimum of £5 million of employer's liability insurance. Failure to have this insurance in place can result in a fine of £2,500 for every day you are not insured.
As a sole trader working solely on your own then you do not need EL Insurance.
However, if you have employees or anyone who would be regarded as an ‘employee’ for the purposes of this insurance then you would be subject to the same regulations.
Yes, you can add this additional protection to your existing policy at any time during the period of cover. We refer to this as a 'mid-term' adjustment.
Follow these simple steps:
Please note that the last 6 weeks of the policy are considered the renewal period and you may not make changes through the customer account during this time. Changes can still be made by contacting the office.
Once you have added an additional area of cover to your policy, it cannot be cancelled during the term of the policy. However, when your policy becomes due for renewal you can remove it from the coverage that you require for the following year's policy.
Again, two options here:
1. If you are obtaining a new insurance policy with Workplace Contents add-on, you will be able to choose payment by monthly instalments.
2. If you want to add this cover mid-term, you will be required to pay the whole amount of the add-on product.
The answer to this question will depend on whether you:
1. want to get a quote for Professional Indemnity, Public Liability and Medical Malpractice policy including Workplace Contents cover, or
2. already have an existing policy with us and would like to add Cyber Liability cover
Answer 1
We are a fully automated process and provide all the information needed for you to make an informed decision online.
A quotation is available 24/7 online. Click on the ‘Get a Quote’ button. That will take you through the questions necessary to provide a quotation. It shouldn't take more than a few minutes and once produced you have the option to save it for later or proceed direct to purchase.
If you choose to proceed to purchase, we will collect your contact details and then request payment. Payment is by Credit or Debit Card and once authorised your policy is issued immediately. Your documents will be emailed to you for you to print and/or save.
Answer 2
If you would like to see the cost of adding this to your existing policy you can find the details on the Cost tab of the Workplace Contents page. If you start the process of adding this to your policy you will also be shown the price before you confirm you want to go ahead.
To make this change simply login to your account where you can choose the cover level you want, see the cost and proceed to payment. The amended policy documentation will automatically be emailed to you immediately after payment.
Please note that the monthly payment option is not available for this additional purchase for an existing policy.
Your policy provides cover for the replacement of locks, lock mechanisms and keys necessary to maintain the security of your office following theft of the keys. This is subject to the policy excess.
The Workplace Contents policy provides cover for when contents are 'in transit' provided that you have complied with the security requirements as specified on the policy, which includes the secure locking of the transport vehicle. Please refer to the policy wording for full details.
Yes, any fixed, plain or wired glass or mirror at the office is covered by our Workplace Contents policy
The policy wording for Workplace contents includes the following definition:
“The contents of your office used in connection with your business which belong to you or for which you are legally responsible.”
Your business practices are specified on your Policy Schedule. If there are contents in your office which are for personal use only or used in connection with a business practice that is not specified on your policy, these would not be included within the coverage.
Yes, you can add this additional protection to your existing policy at any time during the period of cover. We refer to this as a 'mid-term' adjustment.
Follow these simple steps:
Please note that the last 6 weeks of the policy are considered the renewal period and you may not make changes through the customer account during this time. Changes can still be made by contacting the office.
Once you have added an additional area of cover to your policy, it cannot be cancelled during the term of the policy. However, when your policy becomes due for renewal you can remove it from the coverage that you require for the following year's policy.
Again, two options here:
1. If you are obtaining a new insurance policy with Personal Accident add-on, you will be able to choose payment by monthly instalments.
2. If you want to add this cover mid-term, you will be required to pay the whole amount of the add-on product.
Yes, you can.
The pricing and cover limits that we offer are per person and you can have multiple people protected, provided that they are people who are covered by your main Professional Indemnity, Public Liability and Medical Malpractice policy.
No, unfortunately you can't.
This cover is only available for those people who are included on your Professional Indemnity, Public Liability and Medical Malpractice policy
Personal Accident protection does not cover disease and illness.
It must be a specific accident that occurred on a particular date during the term of cover.
It cannot be an accident that pre-dates the policy period.
Yes this policy will cover any eligible accident that is serious enough to stop you working in your field of business for a year.
Personal Accident cover is available to eligible individuals aged between 16 and 65 at the start of the policy period of cover.
Once you have added an additional area of cover to your policy, it cannot be cancelled during the term of the policy. However, when your policy becomes due for renewal you can remove it from the coverage that you require for the following year's policy.
Yes, you can add this additional protection to your existing policy at any time during the period of cover. We refer to this as a 'mid-term' adjustment.
Follow these simple steps:
Please note that the last 6 weeks of the policy are considered the renewal period and you may not make changes through the customer account during this time. Changes can still be made by contacting the office.
The answer to this question will depend on whether you:
1. want to get a quote for Professional Indemnity, Public Liability and Medical Malpractice policy including Personal Accident cover, or
2. already have an existing policy with us and would like to add Personal Accident cover
Answer 1
We are a fully automated process and provide all the information needed for you to make an informed decision online.
A quotation is available 24/7 online. Click on the ‘Get a Quote’ button. That will take you through the questions necessary to provide a quotation. It shouldn't take more than a few minutes and once produced you have the option to save it for later or proceed direct to purchase.
If you choose to proceed to purchase, we will collect your contact details and then request payment. Payment is by Credit or Debit Card and once authorised your policy is issued immediately. Your documents will be emailed to you for you to print and/or save.
Answer 2
If you would like to see the cost of adding this to your existing policy you can find the details on the Cost tab of the Personal Accident page. If you start the process of adding this to your policy you will also be shown the price before you confirm you want to go ahead.
To make this change simply login to your account where you can choose the cover level you want, see the cost and proceed to payment. The amended policy documentation will automatically be emailed to you immediately after payment.
Please note that the monthly payment option is not available for this additional purchase for an existing policy.
The short answer would be no. Renting your equipment to clients is not included in the portable business equipment cover.
The Portable Business Equipment is designed to cover the tools you use in your line of work, such as laptops, mobile phones, camera, video equipment, tools and more but it does not cover the renting out of tools or equipment to your customers.
If you are renting your equipment, you need to make sure the recipients arrange their own cover.
The answer to this question will depend on whether you:
1. want to get a quote for Professional Indemnity, Public Liability and Medical Malpractice policy including Portable Business Equipment cover, or
2. already have an existing policy with us and would like to add Portable Business Equipment cover
Answer 1
We are a fully automated process and provide all the information needed for you to make an informed decision online.
A quotation is available 24/7 online. Click on the ‘Get a Quote’ button. That will take you through the questions necessary to provide a quotation. It shouldn't take more than a few minutes and once produced you have the option to save it for later or proceed direct to purchase.
If you choose to proceed to purchase, we will collect your contact details and then request payment. Payment is by Credit or Debit Card and once authorised your policy is issued immediately. Your documents will be emailed to you for you to print and/or save.
Answer 2
If you would like to see the cost of adding this to your existing policy you can find the details on the Cost tab of the Portable Equipment page. If you start the process of adding this to your policy you will also be shown the price before you confirm you want to go ahead.
To make this change simply login to your account where you can choose the cover level you want, see the cost and proceed to payment. The amended policy documentation will automatically be emailed to you immediately after payment.
Please note that the monthly payment option is not available for this additional purchase for an existing policy.
Again, two options here:
1. If you are obtaining a new insurance policy with Portable Business Equipment add-on, you will be able to choose payment by monthly instalments.
2. If you want to add this cover mid-term, you will be required to pay the whole amount of the add-on product.
Yes, you can add this additional protection to your existing policy at any time during the period of cover. We refer to this as a 'mid-term' adjustment.
Follow these simple steps:
Please note that the last 6 weeks of the policy are considered the renewal period and you may not make changes through the customer account during this time. Changes can still be made by contacting the office.
Once you have added an additional area of cover to your policy, it cannot be cancelled during the term of the policy. However, when your policy becomes due for renewal you can remove it from the coverage that you require for the following year's policy.
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