insurance is a nuisance .... read this

[i=p/u]

With regards to our conversation please find enclosed the quotation for liability insurance under the trade of Electrician.

Terms:
(SE16) The Company shall not indemnify the Insured in respect of any claim arising from or in connection with the erection of external aerials, aerial masts or satellite dishes.

(SE17) The Company shall not indemnify the Insured in respect of any claim arising from or in connection with the failure of any fire or intruder alarm, lock switchgear, control panel or machinery to perform its intended function.

(SE51) The Company shall not indemnify the Insured in respect of any claim arising from or in connection with work on 3 phase electrical installations, controls or machinery.

(SE60) The Company shall not indemnify the Insured in respect of any claim arising from or in connection with work in or on any motor vehicle.

You would be covered under this trade to carry out PAT Testing as long as it is on small commercial buildings and domestic properties only. Under no circumstances would you be covered to carry out 3 Phase work.

There would be a £100 excess on this policy for £2,000,000 public liability (we cannot provide a quote for professional indemnity).

The premium for the year comes to £85.54 (which includes insurance premium tax and our admin fee of £16.00).



With regards to our conversation please find enclosed the quotation for liability insurance under the trade of Electrician.

Terms:
(SE16) The Company shall not indemnify the Insured in respect of any claim arising from or in connection with the erection of external aerials, aerial masts or satellite dishes.


(SE17) The Company shall not indemnify the Insured in respect of any claim arising from or in connection with the failure of any fire or intruder alarm, lock switchgear, control panel or machinery to perform its intended function.


(SE51) The Company shall not indemnify the Insured in respect of any claim arising from or in connection with work on 3 phase electrical installations, controls or machinery.


(SE60) The Company shall not indemnify the Insured in respect of any claim arising from or in connection with work in or on any motor vehicle.

You would be covered under this trade to carry out PAT Testing as long as it is on small commercial buildings and domestic properties only. Under no circumstances would you be covered to carry out 3 Phase work.

There would be a £100 excess on this policy for £2,000,000 public liability (we cannot provide a quote for professional indemnity).

The premium for the year comes to £85.54 (which includes insurance premium tax and our admin fee of £16.00).

 

[Mark_Burgess]

So basically they class electricians as house bashers only?
(providing there is no 3 phase)

 

[i=p/u]

its a joke... ive been told we dont do indeminty but liability, and loads of other bull... doe you find it awkward too

 

[timbobelfast]

Shop around, try the comparison websites aswell.

Pointless getting cover if you can't touch 3-phase.....

 

[i=p/u]

one guy even asked me what is 3 phase..

 

[VoltzElectrical]

get a quote from Napit. Very good, Underwritten by Hiscox. And they do 3 phase and PI.

 

[telectrix]

i went to simply business. most companies exclude 3 phase on the basic policy.

 

[drew35]

It would have been quicker for them to just write:

The Company shall not indemnify the Insured in respect of any claim against anything!

Its like my van content and tools cover on my van insurance, when I renewed wording changed to "whilst loading or unloading only". When I asked them to clarify they said it meant I was only covered against theft whilst I was loading or unloading the van, derr! So I said "basically I'm covered against theft from my van only whilst I'm standing there?". "Yes"! "That's a lot of good then! You can poke that policy!"

 

[Darkwood]

i went to simply business. most companies exclude 3 phase on the basic policy.

Thats who im with, 3ph and machine repair was a fortune elsewhere if they even touch it.

 

[plugsandsparks]

get a quote from Napit. Very good, Underwritten by Hiscox. And they do 3 phase and PI.

i'm with Hiscox, have the lot PL, PI, employers, tools etc, very good cover, although blast furnaces are out as are nuclear sites :-0

 

[Rob Smith 643]

Napit will do a combined PL/PI or a PI. They don't do a straight PL only. I had a quote today for £206 and pennies for PL/PI, 2 mil PL 250K PI, £3,000 tools. Anyone had better. Its the PI that bumps it up. Best quote from simplybusiness was £340 for PL/PI.

 

[VoltzElectrical]

Napit will do a combined PL/PI or a PI. They don't do a straight PL only. I had a quote today for £206 and pennies for PL/PI, 2 mil PL 250K PI, £3,000 tools. Anyone had better. Its the PI that bumps it up. Best quote from simplybusiness was £340 for PL/PI.

As I said, well worth checking out. They don't want loads of details, and price is based on turnover. Got my vote.