Professional Indemnity Insurance for AboutMyArea Franchisees
Why Professional Indemnity Insurance?
The right to seek damages for defamation is long established.
In the past, libel actions have been seen as the preserve of the rich. However the Defamation Act 1996 allows actions below £10,000 to be settled by a judge. Now a remedy for defamation of character is available to more than just the wealthy.
Other than defamation there are also the risks of breach of copyright and breach of confidentiality.
The rise in publication via the internet with its potential to reach a world wide audience has added to the exposures faced by those publishing material. You are faced with the threat of litigation arising from the internal or external e-mail transmissions. You also face the potential problem of breaching data protection legislation or of using unauthorised confidential information.
Oversights do occur despite rigorous checks for accuracy. This is why an insurance policy can act as a safety net. Most publishing businesses from the major nationals to the small local newspapers carry professional indemnity insurance.
Why Heritage Insurance?
Heritage Insurance have developed a special scheme for AbouMyArea franchisees, which offers the following benefits:
- Full compliance with the insurance condition in the AboutMyArea franchise agreement
- 30% reduction off the normal premium
- Short no nonsense application form
Cover
Brief details of the scheme are:
- Policy will pay claims up to £250,000 subject to a £500 excess
- Annual premium £262.50. This can be paid over 10 months subject to a 6% surcharge
Please select the links below for a summary of cover and for a specimen policy wording
You will need Adobe acrobat to open .pdf files.
The links above open information pages as pdf documents. These documents open in a new window.
How to arrange cover
All you need to do is complete the application form (link below) and print off , sign and post to
Heritage Insurance Services
PO Box 7116
Shelton Lock
Derby
DE1 0BQ
Together with
Together with a completed direct debit mandate (link below, to a Direct Debit Mandate in a pdf document. This document opens in a new window)
or
Cheque payable to Heritage Insurance in the sum of £262.50
If you want to talk to us about the cover please phone Simon Roguska on 01332 600002
Financial Services Agency number - 447154