On 10/12/13 21:46, Paul Brooks wrote: > ... Professional Indemnity (PI) insurance ...
To contract to government, and even to teach in higher education, I am required to have PI insurance. Clients demand from $1M to $10M, with $5M being typical. A search of gov.au web pages found: Required Pages $1M 5,090 $5M 3,330 $10M 4,110 ACS has a free $10M umbrella liability insurance policy for members earning less than $25k per year (and a deal with a broker for those over): http://www.acs.org.au/sfia-certification/liability-insurance Also it is useful being in the ACS Certified Professionals (CPs) scheme, to limit your liability to the amount you are insured for, under Australian legislation: http://www.acs.org.au/sfia-certification/acs-professional-standards-scheme In addition to PI and Worker's compensation insurance, there is also the cost of setting up a company and doing the paperwork each year for all this stuff. -- Tom Worthington FACS CP, TomW Communications Pty Ltd. t: 0419496150 The Higher Education Whisperer http://blog.highereducationwhisperer.com/ PO Box 13, Belconnen ACT 2617, Australia http://www.tomw.net.au Liability limited by a scheme approved under Professional Standards Legislation Adjunct Senior Lecturer, Research School of Computer Science, Australian National University http://cs.anu.edu.au/courses/COMP7310/ _______________________________________________ Link mailing list [email protected] http://mailman.anu.edu.au/mailman/listinfo/link
