subject: PROFESSIONAL INDEMNITY COVER: From Just £165 per annum [print this page] PROFESSIONAL INDEMNITY COVER: From Just 165 per annum
One of theeffects of the internet has been a downward pressure on the prices of a number of products and services that can be sold online. And this is certainly true of insurance, including professional indemnity cover.
Once viewed by many as almost prohibitively expensive, and only taken out by those who were required to do so either by law or by their profession, pi insurance cover is now available for prices as low as 165.
But does this mean that the standard of service has fallen?
Not necessarily. Competition, as always, ensures that the providers of poor service get punished. But it does mean that you need to check who you are buying your professional indemnity insurance cover from.
So before you simply go for what might look like the cheapest quote, make sure you ask the following questions about the broker:
do they have the necessary expertise, i.e. an understanding of professional indemnity insurance and of the industry you work in?
do they always place their business with only the most robust insurance companies?
do they offer the flexibility to make changes to your policy mid-term?
do they set low policy excess amounts?
do they include important features, such as retroactive cover, in the headline price?
do they run a fast, efficient and friendly claims handling operation?
And the good news is that you can get this standard of service and these kinds of benefits for just 165. As you'll discover if you follow this link for your professional indemnity cover.