Home Articles Downloads Forum Products Services Seminar Contact
Previous Thread
Next Thread
Print Thread
Rate Thread
The Dark Side
#74885 10/02/20 11:46 AM
Joined: Feb 2020
Posts: 4
Betwixt Offline OP
Newbie
OP Offline
Newbie
Joined: Feb 2020
Posts: 4
Hi all,

Long time lurker, first time poster. Thanks for all of your posts so far.

After 9 years of NHS bureaucracy service, I am looking into the possibility of becoming self employed. I've also got the added advantage of being qualified in a couple of electrical areas, too. Has anybody done this, and has any advice for stepping out on your own? Primarily, I'm finding liability insurance to be the biggest obstacle.

It'd be great to hear from anybody that's done this, either successfully or not. Cheers.

Re: The Dark Side
Betwixt #74888 10/02/20 7:53 PM
Joined: Feb 2004
Posts: 14,162
Likes: 11
Super Hero
Offline
Super Hero
Joined: Feb 2004
Posts: 14,162
Likes: 11

PM sent. smile


If you don't inspect ... don't expect.
Re: The Dark Side
Betwixt #74893 12/02/20 11:10 AM
Joined: Feb 2017
Posts: 15
Novice
Offline
Novice
Joined: Feb 2017
Posts: 15
PM Sent

Re: The Dark Side
Betwixt #74905 13/02/20 8:39 PM
Joined: Feb 2020
Posts: 4
Betwixt Offline OP
Newbie
OP Offline
Newbie
Joined: Feb 2020
Posts: 4
Thanks everybody so far!

Re: The Dark Side
Betwixt #74922 17/02/20 1:16 PM
Joined: Jul 2000
Posts: 1,851
Likes: 11
Hero
Offline
Hero
Joined: Jul 2000
Posts: 1,851
Likes: 11
Hi Betwixt,
I started out doing management consultancy many years ago. I pay an annual premium of £97 for public liability at £1M. The range is £75 to £500 PA.

Put some of the onus on your clients, they will also have insurance. Always get a signed agreement setting out the scope of your work, and a non-disclosure agreement is also a good idea. You may well be covered by your client having an insurance agreement that covers contractors.


Be Proactive and reactive.
Re: The Dark Side
Betwixt #74923 17/02/20 4:50 PM
Joined: Feb 2004
Posts: 14,162
Likes: 11
Super Hero
Offline
Super Hero
Joined: Feb 2004
Posts: 14,162
Likes: 11

If working through an agent, they should also have cover of some kind. But don't just assume - check!

If assigned through an agency for a short-term contract at an NHS hospital, mention to the folk there that they could consider placing you (the "risk") on their Risk Register for the duration of your placement.

All good CYA stuff. smile


If you don't inspect ... don't expect.
Re: The Dark Side
Betwixt #74968 04/03/20 6:44 PM
Joined: Feb 2020
Posts: 4
Betwixt Offline OP
Newbie
OP Offline
Newbie
Joined: Feb 2020
Posts: 4
Thanks for the reply, John - sorry that I'm only just seeing this. Those are some great points.

I'm looking for professional indemnity cover, I guess in the range £5m, but as soon as I mention the word "medical" people immediately say they're not interested. Even if just looking at calibration verification, so non-destructive testing, insurers do not want to be involved.

Re: The Dark Side
Betwixt #74981 10/03/20 5:41 PM
Joined: Jul 2000
Posts: 1,851
Likes: 11
Hero
Offline
Hero
Joined: Jul 2000
Posts: 1,851
Likes: 11
Betwixt
Maybe you should put the onus on the client, but you should definitely be able to get insurance.
There are lots of companies out there buying insurance of this type. Keep looking...


Be Proactive and reactive.

Moderated by  DaveC in Oz, RoJo 

Link Copied to Clipboard
Who's Online Now
2 members (Huw, DaveC in Oz), 493 guests, and 23 robots.
Key: Admin, Global Mod, Mod
Newest Members
serviceholg, Migue, Nasser, Ed_Fred, Chris Malin
9708 Registered Users
Forum Statistics
Forums25
Topics10,603
Posts71,770
Members9,708
Most Online5,980
Jan 29th, 2020
Powered by UBB.threads™ PHP Forum Software 7.7.4