[plug] [OT] Insurance recommendations

[Bret Busby]

On Thu, 12 Aug 2004, Bret Busby wrote:

> 
> On Thu, 12 Aug 2004, Daniel Pearson wrote:
> 
> > 
> > You'd probably be wanting to consider Public Liability insurance, too -
> > especially if you're out and about doing onsite tech support. In that regard
> > also, you may also need a Motor Vehicle Policy as well.
> > 
> > Cheers,
> > Daniel
> > 
> > ----- Original Message ----- 
> > From: "skribe" <skribe at amber.com.au>
> > To: <plug at plug.linux.org.au>
> > Sent: Wednesday, August 11, 2004 5:56 PM
> > Subject: Re: [plug] [OT] Insurance recommendations
> > 
> > 
> > On Wed, 11 Aug 2004 17:46, Alex Polglaze wrote:
> > 
> > > I have been running a home based business for 20 years next month, (bow
> > > clap, throw flowers etc.), and have always had separate policies. No
> > > insurance that I know of will cover a business under a household policy
> > and
> > > for tax reasons, it is better to have separate policies anyway.
> > 
> > Separate policies but same company.  The business needs to be declared in
> > the
> > H&C policy as well as it affects that rate.
> > 
> > skribe
> > 
> 
> A while ago, I contacted CGU for a quote for a home business 
> insurance policy. CGU is our home & contents insurer, and was one of a 
> number of companies offering business insurance, that I contacted. CGU 
> did not make any reference to the need for cross-referencing the 
> insurance policies, but required that certain specified security 
> measures be taken and documented before applying for a home business 
> insurance policy. The measures included deadlocks to all entry doors to 
> the building, and locks/security screens to all windows.
> 
> A home business policy must, as a matter of course, include public 
> indemnity insurance, and, for a computer consultancy, especially. From 
> memory, all government departments require any service provider, to have 
> public indemnity insurance, before they will consider using them.
> 
> As the original query is not included in any of the responses above, I 
> suggest to the original poster of the query, that he look for the SLPWA 
> public list, subscribe to that list, and also post the query on that 
> list. Whilst both lists may have common subscribers, that is a list for 
> IT professionals and people interested in becoming IT professionals, 
> relating to Linux and open source, and may be a more appropriate place 
> to post such a query.
> 
> 

Sorry, I meant professional indemnity insurance in addition to 
public liability insurance.

Public Liability insurance applies when you have a (potential) customer 
visit your premises, and they trip on a loose carpet and injure 
themselves or their equipment, and Professional Indemnity insurance 
applies when you do the wrong thing by them, professionally, by error or 
wrong advice/action ("No, you can't use MS Acess for your home inventory 
- you need to buy a SAP data warehouse application from me, to do 
that"), or by misfortune or neglect ("Oops - the MS Windows NT 4 Service 
Pack 6, that I have just installed on your system, means that none of 
your applications work any more, and, you have lost the last 20,000 
transactions, and about $300,000 worth of sales that occurred today, 
and it probably caused that smoke coming out the back of your 
computer and that funny coloured liquid running out the front of your 
computer").

Disclaimer - I say what I have said, based on my understanding as a lay 
person - in this area, Jeremy Malcolm is the one qualified to advise.

And, he is on the SLPWA mailing list....

-- 
Bret Busby
Armadale
West Australia
..............

"So once you do know what the question actually is,
 you'll know what the answer means."
- Deep Thought,
  Chapter 28 of 
  "The Hitchhiker's Guide to the Galaxy:
  A Trilogy In Four Parts",
  written by Douglas Adams, 
  published by Pan Books, 1992 
....................................................