ContractorMoney

Independent Financial Advisors for IT Contractors

Professional Indemnity & Liability Insurance for Contractors and Freelancers

Prices of the Caunce O'Hara Schemes

We have teamed up with one of the UK's leading brokers- Caunce O'Hara, to provide a very competitive Professional Indemnity and Liability package. Caunce O'Hara have been insuring Freelance Professionals for nearly 10 years and have a wealth of experience in this area. They and their products are authorised and regulated by the FSA and are used by many of the UKs leading accountants, agencies & freelance groups. Joining the scheme online couldn't be easier.

Professional Indemnity

The Professional Indemnity prices are as follows - prices are per annum. NOTE - prices are dependent on the fee income bracket of the company (last years fees). For start-up companies, please use a 12 month projected figure.

Insurance prices of the Caunce O'Hara Schemes

Fee Band
GBP
Limit of Indemnity/Premium - GBP Excess
GBP
100k 250k 500k 1mill 2mill
0-50k 165 170 200 245 430 250
50-100k 208 230 300 370 580 500
100-150k 260 328 390 546 720 500
150-200k 312 390 468 656 860 250
200-250k 390 488 585 820 1075 500
250-300k 468 585 702 984 1290 500
300-400k 515 643 772 1083 1419 500
400-500k 576 708 850 1191 1560 500
£50,000 Legal Expenses cover available for an extra £75.00 per annum

(Insurance Premium Tax of 5% is included in the above premiums).

Employers/Public Liability Insurance is an additional policy (and can be bought separately) that provides the following cover
Total Cost of package £112 per annum
Includes £5 million Employers Liability

(£10,000,000 available for extra £52.50pa)

Includes £1 million Public Liability
(£2,000,000 available for extra £26.25pa,
£5,000,000 available for extra £52.50pa)

Includes £5,000 equipment cover 'all risks'

You can easily increase the cover at only £5 per £1000 or include some cover away from the office £10 per £1000 UK, £20 per £1000 EU or £30 per £1000 Worldwide

All included in above cost

(Insurance Premium Tax of 5% is included in the above premiums).

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Please Note: Financial advice on these pages is given by ContractorMoney, which is a trading name of Contractor Financials Ltd and is regulated and authorised by the Financial Services Authority.

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