[LINK] Indemnity and Liability Insurance for ICT in AU

Richard Chirgwin rchirgwin at ozemail.com.au
Thu Jun 11 12:18:40 EST 2009


George Bray wrote:
> Linkers,
> I'm looking for recommendations on a firm to provide professional
> indemnity and public liability insurance. It's for a small ICT
> consultancy performing software development.
> 
> I know the ACS has a scheme, and it's likely to cost about $1500pa
> with ACS membership.  Are there other options I should know about?
> 
> I didn't know it's such a risky business!
> 
>From a friend's experience, while I won't say what's good or bad, I will say
"read the policy - or better still get a lawyer to read the policy".

Because if you ever do need someone to pay for a legal defence, you don't want
to find that the insurer says "sorry, not covered". Especially a few weeks and
tens of thousands into the case. And you *bet* that happens...

RC


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