Professional Indemnity and Liability Insurance for IT Contractors

Scheme Prices

Prices of the Caunce O'Hara Schemes
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 and Liability 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 making a five minute phone call to our office 01480 470220.

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.

Fee Band	Limit of Indemnity/Premium - GBP					Excess
GBP	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
£50,000 Legal Expenses cover available for an extra £75.00 per annum

(Insurance Premium Tax of 5% is included in the above premiums).

Employers/Public Liability Insurance is an additional policy (and can be bought separately) that provides the following cover.
Total Cost of package	£112 per annum
Includes £5 million Employers Liability	All included in above cost
(£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

(Insurance Premium Tax of 5% is included in the above premiums).