uksparks
-
- Reaction score
- 1,228
Hi,
Just about to renew my insurance, for PL and PI and Tools.
I am currently with Ageas via the NICEIC, and with the above, i also get £100k of Efficacy Cover.
The current policy is £690 per year, and the new company, via simply business, works out at £390 a year, so quite a big difference.
Both are exactly the same:
£5m Public Liability
£250k Professional Imdemnity
£10k Tool Cover
£100k Legal Cover
The only difference between them is the new policy does not have Efficacy Cover which at the minute is currently 15% of annual turnover max of £100k.
What do you think? Do I need it?
Just about to renew my insurance, for PL and PI and Tools.
I am currently with Ageas via the NICEIC, and with the above, i also get £100k of Efficacy Cover.
The current policy is £690 per year, and the new company, via simply business, works out at £390 a year, so quite a big difference.
Both are exactly the same:
£5m Public Liability
£250k Professional Imdemnity
£10k Tool Cover
£100k Legal Cover
The only difference between them is the new policy does not have Efficacy Cover which at the minute is currently 15% of annual turnover max of £100k.
What do you think? Do I need it?