At 12:17 PM 10/16/1999, Technical Incursion Countermeasures wrote:
>[snip]
>
>Its a nightmare - many insurers will not even understand what you are
>talking about, let alone what the risks are - expect Professional indemnity
>insurance to be expensive.
[snip]
Some insurers call it "Errors and Omissions" coverage and, yes, it can be
very expensive. Premiums might go down over time if you are never sued;
kind of like workman's compensation insurance if you never have an accident.
I've been on the consultant hiring side of this qeustion. Depending on the
work being done, we have sometimes written the insurance requirement into
the contract (or alternatively, a bond) so that we can avoid those that
choose to use bankruptcy as protection.
-khm
*********************************************************************
Kenneth H. Milder
Los Alamos National Laboratory
Computing, Information, and Communications Division
Network Engineering Group(CIC-5)
Network Support Team (NST)/X Division Computing Services Team (XCS)
MS-F605
Los Alamos, New Mexico 87545-0010
Office: (505)667-2552
Fax: (505)665-9387
E-mail: [EMAIL PROTECTED]
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