Sometimes insurance can be seen as yet another grudge purchase on top of already mounting costs. However, in most cases, when you are operating in an independent capacity you will undoubtedly have a responsibility to make sure that both you and your clients are adequately protected from risks and the associated litigation, and you may also have given indemnities for the same.
At JAM, we ask that all of our service providers have adequate insurance cover in place to work with us and it is part of your contract with us. We’re finding that more and more of our clients are insisting that businesses in the contract supply chain have professional indemnity, public liability and employers’ liability cover. This is important to both JAM and their clients, as we all need to manage the risks that we may be exposed to.
As a service provider, you could be exposed to a number of risks and having adequate business insurance in place protects you against these risks in the event that a claim is made against you.
Are you exposed to any of these risks?
- Do you give professional advice?
- Will you get paid if you are injured at work?
- Do you employ your spouse?
- Do you visit clients’ premises?
- Do your clients visit you?
- Do you have legal duties operating a limited company?
- Do you have spare funds available to defend any legal action made against you; even if that litigation is unfounded?
Arranging cover can often be a complex task and it can be easy to get confused by the number of options available to you. With this in mind, we’ve teamed up with Kingsbridge Professional Solutions (KPSol) who can offer you access to a business insurance package that will meet contractual obligations, as well as protect you against the risks you could face in your professional life.
We have chosen to work with KPSol based on their expertise and knowledge; and because of their experience in our key sectors. By really understanding the risks and contractual obligations, we feel they have created a comprehensive package. It includes all of the key insurances you may need, removing the complication of picking cover and limits to purchase insurances separately.
You can discuss your business insurance arrangements in more detail, by contacting` Liam Green and his team at KPSol on 0845 643 0061, contacting him by email at firstname.lastname@example.org or for a more speedy option click this link to obtain a quote: https://jam.kingsbridge.co.uk/buy