September 5, 2019

What sort of claims are covered by Public Liability Insurance?

Firstly, It’s important to know what sort of claims are covered under Public Liability (PL) insurance. Why? Well, it may help you to understand if your particular business may need PL insurance. Perhaps, it may need more than just PL insurance. However, it can be tricky to determine because every […]
July 4, 2019

Who needs Public Liability Insurance?

Who needs Public Liability (PL) Insurance? Good question. Well, it’s recommended if you are self-employed, a contractor or own a business that requires customer or public interaction. Basically, any business which incurs risk in your business.  What do we mean by risks? Example 1: Let’s say you’re a plumber You […]
June 12, 2019

How much Professional Indemnity does a consultant or freelance professional need?

How much Professional Indemnity does a consultant or freelance professional need? Well, many consultants or contractors make the common mistake of thinking they are automatically covered under the principal’s professional indemnity policy. When we use the term ‘principal’, we’re referring to the company who engages the consultant to do the […]
June 6, 2019

Professional Indemnity Insurance Companies

When looking for professional indemnity insurance companies, you’ll notice some quotes reference the insurer as being ‘Certain Underwriters at Lloyds’. That’s because these quotes are issued by underwriting agencies who are Lloyd’s of London Cover holders. What is an underwriting agency and Cover holder, I hear you ask? In simple […]
May 13, 2019
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What Exclusions do Professional Indemnity Policies have?

What Exclusions do Professional Indemnity Policies have? You see, many people think that their professional indemnity policy will cover all of their liabilities. A word of warning, it won’t because all policies contain exclusions. Furthermore, on average professional indemnity policies contain about 20 standard exclusions.  To help understand these exclusions, […]
May 3, 2019

How much does professional indemnity cost?

How much does professional indemnity insurance cost? Simply, go to FD Beck’s online calculator. All you need to do, is answer a handful of questions to get your obligation free professional indemnity quote. However, we are often asked – “How do the answers to these questions determine my professional indemnity […]
April 30, 2019
What is the difference between Professional Indemnity vs Public Liability Insurance?

What is the difference between Professional Indemnity vs Public Liability Insurance?

I would love a dollar for every time I have been asked, “what is the difference between Public Liability & professional indemnity insurance”? Put simply, Professional Indemnity Insurance (also known as PI Insurance) covers losses arising from you providing professional services or advice to a client. If you are asking […]
April 26, 2019

Three things to look for when comparing Professional Indemnity Insurance

Many business owners fall into the dangerous trap of only comparing Professional Indemnity Insurance purely on a ‘price’ basis. Typically, people will look for a ‘compare the Professional Indemnity market’ type website. After all, often businesses are only purchasing PI Insurance because they’re entering into a contract that requires them […]

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