Home: Message List - Professional Indemnity Insurance

Re: Professional Indemnity Insurance

proInsurance — Wed, 26 Nov 2008 19:20:12 GMT

You Got it. Google will have a spec sheet that i can look at and decifer the insurance end of it.

All the best,
Charlie D.

Re: Professional Indemnity Insurance

AtlantaKid — Wed, 26 Nov 2008 19:17:46 GMT

Thanks Guys. I will contact you both when I am ready to purchase one. I am not sure if I have mentioined this but I am in the process of applying for analytics consultant rep with Google Analytics. Google requires a professional indemnity insurance along with other requirements. If you are familiar with what Google is requiring or have clients who purchased insurance from you, they is a plus for me.

thanks much,

www.dynamicwsiconsulting.com

Re: Professional Indemnity Insurance

proInsurance — Wed, 26 Nov 2008 18:34:58 GMT

If you need a hand with the Hartford Ins Co,. Let me know. I am an agent of theirs.

Re: Professional Indemnity Insurance

BizCover — Mon, 24 Nov 2008 00:14:16 GMT

Hey mate,

I stumbled across this thread by doing a search on professional indemnity insurance. This may be interesting to you, as I work for a company called BizCover (www.bizcover.com.au) which allows people to compare between professional indemnity insurance prices, from multiples insurers, online (for many industries).

I'm obviously not trying to sell you, as we're in Australia, but the point is: look for online comparison sites before purchasing. I'm hoping they'll have some in your country. Try not to settle for a single quote - make sure you're getting the best price and appropriate coverage. Speak to multiple brokers if necessary, as they're qualified to provide advice.

Cheers,

Stas

Re: Professional Indemnity Insurance

AtlantaKid — Wed, 24 Sep 2008 14:50:21 GMT

Thank you so much for everybody's input. I will definitely follow up with the deal at Hartford.
Have a great day!

Re: Professional Indemnity Insurance

green.ins — Wed, 24 Sep 2008 14:28:25 GMT

AtlantaKid-

Here is the verbiage directly from The Hartford's website:

+FailSafe++^®++ *MEGA Technology Errors or
Omissions Liability Coverage (Form SS 02 71)*+

+This form provides coverage for damages the insured is
legally required to pay because of damages or expenses arising out of a glitch -
negligent act, error or omission in the performance of technology services or
failure of technology services or products to perform the function or purpose
intended. "Technology services" is a defined term in the form. See form for
coverage specifics.+

+Coverage is provided on a claims made and first
reported in writing basis. Defense costs are included in the limit of
liability. Several per glitch limit options are
available+

+A Retention amount applies to this coverage. Damages
or expenses under the Retention amount are required to be paid by the insured.
Covered claim expenses and damages within the Retention do not reduce the limit
of liability. A minimum, mandatory Retention of $2,500 applies. Several other
Retention amount options are available+

I think this may be what you need.

Jason

Re: Professional Indemnity Insurance

green.ins — Wed, 24 Sep 2008 14:15:05 GMT

AtlantaKid-

Just an FYI, if you have your business liability policy with The Hartford, they have a 'technology E&O' form that is available as an addition to your current general liability. It is very cost effective and broad in scope in terms of coverage. Drop me your email and I will forward you a brochure. If you have any questions, please don't hesitate to call or email. 405/973-1735 or jason@ticokc.com

Jason

Re: Professional Indemnity Insurance

LUCKIEST — Tue, 23 Sep 2008 17:11:17 GMT

Professional Indemnity Insurance

Anybody in business should have an Accountant, a Lawyer and an Insurance Agent.

Now is the time to talk to the professional.

Good luck, LUCKIEST

Re: Professional Indemnity Insurance

Lighthouse24 — Tue, 23 Sep 2008 15:43:53 GMT

For your profession, this will generally be sold in the U.S. as "Professional Liability" and/or "Errors and Omissions (E&O)" insurance. You can check with any business/commercial insurance agent in your area, or search on one of those terms (plus maybe "internet consultant") to find listed providers and options. Best wishes.

Professional Indemnity Insurance

AtlantaKid — Tue, 23 Sep 2008 00:51:30 GMT

I am an internet marketing consultant with a few months of experience working with all industries. I wanted to join a network of internet business consultants so that I can get referrals, however, I am told I need professional liability insurance, not just a business insurance. Does any one has a professional indemnity insurance or knows who offers such a service?

thanks much,