[plug] OT: insurance

[Craig Foster]

Please, someone correct me if I'm wrong...

I've seen quite a few contractors start a shell company purely to
provide a barrier litigation-wise between personal and company assets.
It can, with the right accountant, pay for quite a few car and
communications expenses - therefore making the initial costs quite
reasonable.

Again, seek legal and financial advice before even thinking about what
I've said :)

Craig F.

> -----Original Message-----
> From: Russell Steicke [mailto:russells at plug.linux.org.au] 
> Sent: Wednesday, June 19, 2002 11:49 AM
> To: plug at plug.linux.org.au
> Subject: [plug] OT: insurance
> 
> 
> 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.
> 
> TIA, and feel free to reply directly to me if you want to 
> avoid cluttering 
> up the list (more!).
> 
> Russell
> 
> 
> 
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