Announcement!

Your British Computer Society (BCS) membership entitles you
to a 10% discount off our Royal & Sun Alliance
Professional Indemnity Insurance Scheme

MEMBERS
get 10% discount
Annual Professional Indemnity Insurance Premiums
– including Insurance Premium Tax
QUICK MENU
ISSUE COVER
SEND ME DETAILS
AM I ELIGIBLE FOR COVER?
PRE-RENEWAL CONTACT REQUEST
 
 
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OTHER QUOTES
If this scheme does not appear to be suitable for your business activities and/or the size of your company please call 0800 055 60 83 or CLICK HERE.
Professional Indemnity (P.I.) Insurance
PI Limits of Indemnity

Turnover up to
£100,000

Turnover band £100,001 – £200,000

Turnover band £200,001 – £300,000

£100,000

£130.00 less 10% + IPT = £122.85

£180.00 less 10% + IPT = £170.10

£285.00 less 10% + IPT = £269.33

£250,000

£195.00 less 10% + IPT = £184.28

£250.00 less 10% + IPT = £236.25

£385.00 less 10% + IPT = £363.83

£500,000

£250.00 less 10% + IPT = £236.25

£330.00 less 10% + IPT = £311.85

£485.00 less 10% + IPT = £458.33

£1,000,000

£310.00 less 10% + IPT = £292.95

£430.00 less 10% + IPT = £406.35

£700.00 less 10% + IPT = £661.50

£2,000,000

£560.00 less 10% + IPT = £529.20

£680.00 less 10% + IPT = £642.60

£950.00 less 10% + IPT = £897.75

 
PI Limits of Indemnity

Turnover band £300,001 – £400,000

Turnover band £400,001 – £500,000

Turnover band £500,001 – £600,000

£100,000

£335.00 less 10% + IPT = £316.58

£435.00 less 10% + IPT = £411.08

£490.00 less 10% + IPT = £463.05

£250,000

£470.00 less 10% + IPT = £444.15

£485.00 less 10% + IPT = £458.33

£690.00 less 10% + IPT = £652.05

£500,000

£625.00 less 10% + IPT = £590.63

£785.00 less 10% + IPT = £741.83

£925.00 less 10% + IPT = £874.13

£1,000,000

£940.00 less 10% + IPT = £888.30

£1,185.00 less 10% + IPT = £1,119.83

£1,395.00 less 10% + IPT = £1,318.28

£2,000,000

£1,190.00 less 10% + IPT = £1,124.55

£1,435.00 less 10% + IPT = £1,356.08

£1,645.00 less 10% + IPT = £1,554.53

 
Professional Indemnity & Liability Insurance
The premiums below all include:
£10,000,000 Employers’ Liability and
£1,000,000 Public Liability
PI Limits of Indemnity

Turnover
up to
£100,000

Turnover band £100,001 – £200,000

Turnover band £200,001 – £300,000

£100,000

£155.00 less 10% + IPT = £146.48

£205.00 less 10% + IPT = £193.75

£310.00 less 10% + IPT = £292.95

£250,000

£220.00 less 10% + IPT = £207.90

£275.00 less 10% + IPT = £259.88

£410.00 less 10% + IPT = £387.45

£500,000

£275.00 less 10% + IPT = £259.88

£355.00 less 10% + IPT = £335.48

£510.00 less 10% + IPT = £481.95

£1,000,000

£335.00 less 10% + IPT = £316.58

£455.00 less 10% + IPT = £429.98

£725.00 less 10% + IPT = £685.13

£2,000,000

£585.00 less 10% + IPT = £552.83

£705.00 less 10% + IPT = £666.23

£975.00 less 10% + IPT = £921.38

 
PI Limits of Indemnity

Turnover band £300,001 – £400,000

Turnover band £400,001 – £500,000

Turnover band £500,001 – £600,000

£100,000

£360.00 less 10% + IPT = £340.20

£460.00 less 10% + IPT = £434.70

£515.00 less 10% + IPT = £486.68

£250,000

£495.00 less 10% + IPT = £467.78

£510.00 less 10% + IPT = £481.95

£715.00 less 10% + IPT = £675.68

£500,000

£650.00 less 10% + IPT = £614.25

£810.00 less 10% + IPT = £765.45

£950.00 less 10% + IPT = £897.75

£1,000,000

£965.00 less 10% + IPT = £911.93

£1,210.00 less 10% + IPT = £1,143.45

£1,420.00 less 10% + IPT = £1,341.90

£2,000,000

£1,215.00 less 10% + IPT = £1,148.18

£1,460.00 less 10% + IPT = £1,379.70

£1,760.00 less 10% + IPT = £1,578.15

 
If your annual fees are over £600,000, or your require cover above £2,000,000 please call our Professional Indemnity Advice Line on 0800 055 60 83 or Click Here
QUICK MENU OPTIONS:
I. ISSUE COVER 2. SEND ME DETAILS
3. AM I ELIGIBLE FOR COVER? 4. PRE-RENEWAL CONTACT REQUEST
ELIGIBLE OCCUPATIONS:
  • Bookkeepers
  • Business Consultants
  • Computer Consultants
  • Computer Programmers
  • Copywriters
  • Corporate Identity Consultants
  • Data Processors
  • Fuel/Energy Consultants
  • Genealogists
  • Graphic Designers
  • Hand Writing Experts
  • HR Consultants
  • IT Consultants
  • IT Contractors
  • Interim Managers
  • Inventory Clerks
  • Marketing Consultants
  • Market Researchers
  • Management Training
  • Management Consultants
  • Ofsted Inspectors
  • PR Consultants
  • Procurement Consultants
  • Secretarial Services
  • Software Consultants
  • Telecommunications Consultants
  • Training Consultants
  • Quality Assessors
  • Web Site Designers
  • Zoology Consultants
If you have any question please do not hesitate to contact Sid Gould on 0800 055 60 83 or email sg@insurance2day.co.uk.

Professional Indemnity & Combined Liabilities Insurance Scheme Terms & Conditions:

* Insurers: Royal & Sun Alliance Insurance plc

* All premiums quoted are inclusive of Insurance Premium Tax @ 5%
* £250 policy excess – not applicable to the first professional indemnity insurance claim or the Employers’ Liability section. Where turnover exceeds £200,000 the professional indemnity insurance excess increases to £500.
* Satisfactorily completed proposal form and payment of premium
* Policy documents will be emailed once issued, if hard copies are required a £15 document issue fee will apply
 
* Standard policy wordings (I2D May 2009) and warrantees – please click here to download: Professional Indemnity Insurance Policy Wording and Liability Insurance Policy Wording
Acceptance Criteria:
(If you do not comply with all or any of the criteria below please call Insurance2day on 01384 423 888 for details of other products which may be more suited to your requirements)
a) Proposer to be aged less than 65, based in the United Kingdom (including Channel Islands, Isle of Man and N. Ireland ) with no more than 25% of fees from overseas and no work in USA/CANADA/AUSTRALIA
b) Maximum of 3 practising Partners, Directors or Consultants all with relevant industry experience and qualifications
c) Gross fees per practising Partner, Director or Consultant in past, current or next year not to exceed £200,000
d) Work for clients where the Proposer has an association or financial interest not to exceed 25% of total fees
e) Additional criteria for the IT Industry: (i) Supply of hardware not to exceed 50% of income, (ii) IT Security work not to exceed 25% of income, (iii) Software reselling work not to exceed 50% of income, (iv) No involvement in Live Trading Systems and (v) No Internet Service Provision. Cover excludes claims arising from (i) supply of and/or defective workmanship in the installation, repair or maintenance of computer hardware and/or peripheral equipment and wiring, (ii) web site hosting activities and/or (iii) domain name registration activities
f) Additional criteria for Interim Managers: Interim Financial Management not to exceed 25% of income
g) Amongst the excluded occupations are (i) Advertising Agencies, (ii) any sub-contract or direct printing, (iii) Health & Safety Consultants, (iv) those acting in the role of a FSA approved Compliance Oversight Office, (v) Automotive Engineers who are not 100% creative design (those who specify stresses, materials, structural strength or major parts including engine parts need to be referred), (vi) Architects and professionals involved in the construction industry including but not limited to project managers and acoustic consultants, (vii) Engineers other than IT engineers and energy/fuel efficiency consultants who specialise in utility bill savings only and (viii) Environmental consultants and waste management consultants.
h) Proposer does not require an approved professional indemnity wording e.g. to comply with the minimum institute requirements of The Institute of Chartered Accounts or the Association Of Chartered Certified Accountants
N.B. All quotes are subject to a full, detailed description of business activities being provided outlining roles and responsibilities and insurers acceptance of the same
* Significant/unusual conditions, limitations or exclusions:
1. It is warranted that all subcontractors have and maintain their own insurance coverage to at least equivalent limits of indemnity
2. Excludes claims arising from (i) supply of and/or defective workmanship in the installation, repair or maintenance of computer hardware and/or peripheral equipment and wiring, (ii) web site hosting activities and/or (iii) domain name registration activities
3. It is warranted that formal sign off procedures are in force for all and any design activities
4. Cover is subject to a Year 2000 exclusion
5. Retroactive Date: Inception – (if you have previously held professional indemnity insurance cover please advise us of the retroactive date so that we can refer to insurers for terms for the retroactive date to be carried forward)
6. The cover will be governed by and construed in accordance with the Laws of England and Wales