Friday, March 2, 2007

IT Contractors reaps the benefit of Insurance

IT Contractor Insurance

Information and communications technology requirement precede any other organizational requirement for proper functioning of organizational processes. To reap the benefits of IT, more and more organizations are seeking for active ways to incorporate IT in their processes. The obvious gainers of this situation are IT contractors. Today more and more organizations are relying on them for efficient functioning of the IT department.

However, there are situations when the desired result fails to be achieved, leading to significant losses being inflicted by the organization. To make matters worse, these losses are often passed down to contractors and compensations are sought, making IT contractors a vulnerable lot. IT contractors insurance takes care of this. If you are an IT contractor selling your skill, knowledge, or product, you should definitely consider seeking an insurance cover, because you never know where things might go wrong.

Coulson Pritchard Associates, a specialist in the field of insurance are insuring freelancers of UK since 1996. They offer affordable rates for various insurance scheme for e.g. £165 p.a. for Professional Indemnity (PI) Insurance and £112 p.a. for Combined Business Insurance.


Products for IT Contractors Insurance
  1. Professional Indemnity (PI) Insurance
  2. Combined Business Insurance
    • Public Liability – Limit of Indemnity £1 Million
    • Employers Liability – Limit of Indemnity £5 Million
    • Business Equipment – Sum insured £5000
    • Business Interruption – Sum insured £2500
  3. Legal Expenses Insurances
  4. Personal Accident & Travel Insurance
  5. Health & Safety Insurance