Professional Indemnity & Liability Insurance - Prices
We have teamed up with one of the UK's leading brokers (Caunce O'Hara who are General Insurance Standards Council registered (GISC)) to provide a very competitive Professional Indemnity insurance and Professional Liability Insurance package.
Caunce O'Hara have negotiated an exclusive Lloyd's regulated insurance scheme with Coulson Pritchard. Joining the scheme couldn't be easier and just involves filling out our on-line application form.
Professional Indemnity
The Professional Indemnity prices are as follows - prices are per annum. NOTE - prices are dependent on the fee income bracket of the company (last years fees). For start-up companies, please use a 12 month projected figure.
| Limit of Indemnity/Premium - GBP | Excess | |||||
| 100,000 | 250,000 | 500,000 | 1,000,000 | 2,000,000 | GBP | |
| £0 - 50,000 | 165 | 170 | 200 | 245 | 430 | 250 |
| £50,001 - 100,000 | 208 | 230 | 300 | 370 | 580 | 500 |
| £100,001 - 150,000 | 260 | 328 | 390 | 546 | 720 | 500 |
| £150,001 - 200,000 | 312 | 390 | 468 | 656 | 860 | 500 |
| £200,001 - 250,000 | 390 | 488 | 585 | 820 | 1,075 | 500 |
| £250,001 - 300,000 | 468 | 585 | 702 | 984 | 1,290 | 500 |
| £300,001 - 400,000 | 515 | 643 | 772 | 1,083 | 1,419 | 500 |
| £400,001 - 500,000 | 576 | 708 | 850 | 1,191 | 1,560 | 500 |
| £50,000 Legal Expenses cover available for an extra £75.00 per annum | ||||||
(Insurance Premium Tax of 5% is included in the above premiums).
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| Employers/Public Liability Insurance is an additional policy that provides the following cover. | ||
| Total Cost of package | £112 per annum | |
| Includes £5 million Employers Liability (£10,000,000 available for extra £52.50pa) Includes £1 million Public Liability (£2,000,000 available for extra £26.25pa, £5,000,000 available for extra £52.50pa) Includes £5,000 equipment cover 'all risks' You can easily increase the cover at only £5 per £1000 or include some cover away from the office £10 per £1000 UK, £20 per £1000 EU or £30 per £1000 Worldwide | All included in above cost | |
- Insurance Premium Tax of 5% is included in the above premiums.
- £50,000 Legal Expenses cover is available for an extra £75.00 p.a.
- Premiums start at £165.00 per year based on a £100,000 limit of indemnity.
- Cover backdated to when your firm was established
- Worldwide cover excluding USA/Canada
- Simple Application Form is all that is required
- Underwriter covers 'direct to client' or via agency work
- Costs are fully expensable!
- Run off' cover can be arranged for companies who cease trading
Scheme is regulated and reviewed regularly by Lloyd's regulatory division
How to apply for exceptional insurance in under 4 minutes!
Easily organised by following 3 simple steps:
1) Obtain A Quote.
2) Complete a simple application form.
3) Make payment via credit/debit card or direct debit.
Then login and view / print your policy documents.
Please note our FSA regulated scheme is administered by leading broker Caunce O'Hara whose prices are identical to our own.
If you have any queries during the application process please contact Caunce O'Hara on 0161 833 2100.
Professional Indemnity Insurance - frequently asked questions.
