Trade insurance

[Mike2007]

If you have trade insurance every year and nothing goes wrong, great!

What happens if you decide to drive a bread van two years later and have no cover. Customers house has..say a huge water leak and you are in court for damages with no actual insurance cover..what happens?
Liability is liability regardless of what you are doing, would you buy cover for a few years after?

 

[Corgigrouch]

Your liabillity cover covers you for the time that you do the job so that if you fit a boiler and something happens two years later that was your fault, then you are still covered.. Any jobs done after the expiry of your cover will not be covered

 

[corgiman]

But YOU could still be liable

Public Lia Insurance certs must be kept for 40 years and if you have been neglegent in you work and because of this something fails years later you are still for the high jump.

Sucks dont it

 

[Mike2007]

But YOU could still be liable

Public Lia Insurance certs must be kept for 40 years and if you have been neglegent in you work and because of this something fails years later you are still for the high jump.

Sucks dont it

After only 10 years, layer upon layer of other peoples work pile on top of yours so making an accident (sorry incident) more difficult to determine who caused it?
So are we saying the cover is only for one year, year by year...or a limited period after expiring?

Maybe my bakery job will come through..ha ha!

 

[corgiman]

Ten years? we were advised 40

AFAIK they Insurance runs for that year for 40 years but check that with your insurer