UKTC Archive

Re: one-off insurance?

Subject: Re: one-off insurance?
From: Mark Page
Date: Sep 01 2006 09:35:35
Hi,

I have Professional Indemnity of £250 000; however a client wished me to have £500 000 for a specific job abroad. I arranged this with my insurers for a small premium. When I changed my insurers I also arranged that this job was specifically covered by an exchange of letter.

The moral is that a business will grow and the insurance industry expects it to do so; therefore there are mechanisms to deal with the apparent one-off's.

Cheers

Mark

Simon Valente wrote:
Jim Unwin, asked the question...

"How competent is a person who only wants to be insured for one job?"

To answer that question diplomatically I will simply ask another one.

How wise is a person who spends money on insurance they do not need?
Simon Valente.

PS Rob, have you tried contacting any big insurance company and asking to speak directly to one of their insurance underwriters?

========================================
 Message Received: Aug 31 2006, 06:46 PM
 From: "Jim Unwin" <jim@xxxxxxxx.co.uk>
 To: "UK Tree Care" <uktc@xxxxxx.tree-care.info>
Cc: Subject: Re: one-off insurance? Rob,
 Not wanting to be unhelpful: but the question has to be asked:- How
 competent is a person who only wants to be insured for one job??
 Jim Unwin.
----- Original Message ----- From: "Rob Davidson" <rej.davidson@xxxxxxx.net>
 To: "UK Tree Care" <uktc@xxxxxx.tree-care.info>
 Sent: Wednesday, August 30, 2006 4:43 PM
 Subject: one-off insurance?
> Hi,
 >
 >
 >
 > Does anyone know, or has anyone heard of insurance for one-off jobs (Jobs
 > that have a defined start and end i.e. felling)?  I understand that as Arb
 > consultants an ongoing policy is required to indemnify against claims that
 > could occur in the future but I can so no reason why, for example, the
 take
 > down of one tree cannot be insured on a single activity basis. Any views?
 >
 >
 >
 > Regards
 >
 >
 >
 > rob
 >
 >
 >
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 >
 >
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