[plug] OT: insurance

[Jon L. Miller]

I can only say we have over several $$$M in professional indemnity to
cover in the event of damages or faulty information, etc.  Better to be
safe than sorry in order to save a few $$.
As a contractor you would bear the blame because it's easier to point
the finger at you.  If you are there in both capacities then get the
coverage.  I would think as a contractor you should have coverage to
cover any error/damages you do.

jlm

On Wed, 2002-06-19 at 05:39, Simon Scott wrote:
> On Wednesday 19 June 2002 11:49 am, Russell Steicke wrote:
> > Please excuse the way off-topic question.  I'm asking here because there
> > are probably a few people on the list who are in a situation to know about
> > this...
> >
> > While doing contract work in IT (linux and open source/free software in
> > particular), how essential do people regard professional indemnity
> > insurance?  Who offers such an insurance product in that field?  I'm
> > asking because I've been offered some work, and want to try to go in with
> > my eyes open.
> 
> This is an important issue, so keep it on list.
> 
> Prof indemnity is important, but not as important as some companies make out. 
> Quite often they require way over the top insurance. Just talk to them and 
> theyll be more realistic.
> 
> As an aside, if you are contracting you probably dont need all that much 
> cover. If you are consulting (giving direction) then you do. However, as a 
> contractor you are told what to do (receiving direction) and therefore most 
> fu^H^H mistakes are someone else's fault :)
> 
> 
> >
> > TIA, and feel free to reply directly to me if you want to avoid cluttering
> > up the list (more!).
> >
> > Russell
> 
>