Institute of Linguists Insurance - Premium Package

What's covered

The Premium Package
1) Professional Indemnity	View Policy Wording
2) Employers' Liability & Public Liability	General Policy Wording Public Liability Wording Employers Liability Wording

1) Professional Indemnity Insurance

Professional Indemnity - provides your company with protection against claims of negligent acts, errors or omissions or breach of professional duty.

Business Activity
Institute of Linguists
Limit of Indemnity
Choice of Limits from £50,000 up to £2,000,000 any one claim during the Period of Insurance
Geographical Limits
Worldwide excluding USA and Canada their Dominions or Protectorates. (Unless noted and agreed by the insurers prior to the inception of the policy).
Interest
1.	Negligent/Breach of Duty
2.	Negligent Misstatements
3.	Intellectual Property Rights
4.	Defamation
5.	Loss of Documents
6.	Dishonesty of Employees
Excess
£250 each & every Claim including Defence Costs
Exclusions
1.	Any Claim, potential Claim or circumstance which has or ought to have been notified under any other policy of insurance prior to the inception date
2.	Any Claim made against the Insured from an entity in which the Insured exercises a financial or managerial interest
3.	Any circumstance or Claim arising from the Insured's Business Activity conducted within the United States of America and/or Canada, unless noted and agreed by the insurers prior to the inception of the policy.

2) Employers Liability and Public Liability Insurance

1. Employers' Liability (Compulsory Insurance) Act 1969 states that all limited companies must have an insurance policy in place, to protect against claims for any injury sustained by an employee of the company in the conduct of their business - even if you are the only employee.

2. Public Liability provides cover against injury to third parties &/or damage to third party property, caused by an employee of the company in the conduct of their business.

Limit of Indemnity:
1)	£10,000,000 any one occurrence
2)	Choice of Limits from £1,000,000 up to £5,000,000 any one claim
Excess:
1)	£Nil
2)	£250 Third Party Property Damage only
Situation:
Worldwide excluding USA/Canada
Jurisdiction:
Any actions against the Insured must be brought in a court within the following territories: - Great Britain, Northern Ireland, the Isle of Man or the Channel Islands