posted 09 February 2006 11:16            

I wondered if anyone has any thoughts on the level of professional indemnity cover it would be prudent to take out as a freelance translator? The options for the indemnity insurance policy offered through the ITI in the UK range from 50,000 GBP to 1 million GBP and I have no idea what level would be sensible as I have no idea how high a reasonable claim might be. I obviously don't want to be underinsured, but I don't want to pay more than necessary for my premiums either.

I translate a range of texts but my specialism is medical/pharmaceutical whichh makes me think maybe I should opt for a high limit but I just don't know. Both the ITI and the insurance company in question say they can't give any advice on this.
Any info from others would be greatly appreciated!

Thanks,

K

posted 10 April 2006 13:03            

In your field I would have thought a high liability insurance a good idea.

Imagine the scenario where you make a bad error and a phase II or III clinical trial is blown because of it? Or worse, somebody dies

Doesn't bear thinking about does it? Either that or go for a low limit, and put in your terms and conditions that your liability extends no further than the value of your fee.

You could disclaim responsibility for your work, but I don't look favourably on people who do this.

What is the difference in premiums between 50k and 1 million?

posted 20 June 2006 11:58            

Good luck!

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