On Fri, 13 May 2005 16:55:19 +0100, John Rumm
wrote:
larry wrote:
Does that include any professional indemnity cover, or just PL, and EL
etc? What about cover for tools etc?
el = ?10,000,000 temp. employees
pl =?5,000,000
pa= ?20,000
js=covered
pi is covered cant find the figure at the moment but covers certification
errors.
no tools covered and no stock. cost and conditions made it expensive and
unlikely that a payment would ever be made.
That sounds quite good for the money. Must admit I have never been able
to work out how the insurers price these things.
It's all done by actuaries. These are people that found accountancy
too exciting.
--
..andy
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