Insurance

[Dan Maynard]

5 hours ago, Mark Bolam said:

6m restriction

That's as far as my ladders reach anyway.

[green heart]

Thanks guys -I really do appreciate all the responses -especially those suggestions of brokers worth contacting.

👍 

[green heart]

8 hours ago, kram said:

 

While we have to have it, its not really worth the paper its written on!

 

Agreed, about not worth the paper it's printed on..

Though technically, you don't -actually- need P.L. insurance(!), but the much more expensive E.L. is compulsory, if you ever have any subcontractors or employed staff, etc.

 

Having spoken with an expert witness who specialises in arb/forestry court claim assessments, I have to say I'm under no illusions that most of us (insured parties) will find a sharp and financially painful reality bites us, with our first claim

-I doubt I, or many of us would happily survive a 3rd party's cross examination in a  court..

Limited liability isn't without it's attractions at times..

🤔