How does insurance for computer programmers work?
Introducing a comprehensive range of covers, all in one policy
Unfortunately as a Computer Programmer, you face a unique set of risks that come from the advice you provide and the services you give. Because data is a big part of the programming sector, you could potentially be faced with work you doing or having had done leading to clients loss of data or loss of revenue.
You are accountable for any advice you give on processes and software, any work you do, and anything you may accidentally forget to do for your clients. Should they feel that you have been negligent or have caused their business damage in any way, they may place a claim against you. That is why it’s important to ensure that your Computer Programmers Insurance policy protects you during all circumstances.
The Insurance Octopus can support you in putting together a bespoke business insurance policy that includes Professional Indemnity Insurance and other key covers, providing you with a truly flexible and tailored policy.
What your computer programmers insurance policy includes
Professional Indemnity insurance for computer programmers
Professional Indemnity insurance is a key element of cover to ensure you stay protected if mistakes are made or have been claimed to have been made. PI insurance will help to cover you and/or your business against any financial or trading loss that may be caused as a result of work that you have done. Professional Indemnity cover limits are available from £50,000 to £10m.
Employers’ Liability insurance cover
Employers’ Liability insurance cover is required by law if you have one or more employees. Standard Employers Liability cover is £10m and will protect you as the employer against claims from your staff should they be injured or become ill because of the work they do for you.
Public Liability cover
Public Liability cover protects you if a customers or a member of the public is injured, or their property is damaged. Public liability insurance protects you against the cost of repairs or any legal proceedings that could be filed against you. Standard levels of cover are available from £1m to £5m, with additional levels of cover available upon request and subject to insurers terms and conditions.
Legal expenses cover
Cover to protect your business from the costs of defending claims.
Associated Claims Costs can cover you if a claim needs to be investigated further or there is a need bring in expert witnesses in a court hearing. Additional costs associated with a claim that you would not normally have to pay.
Optional add on covers
Business interruption, personal accident, off shore working and more are all additional add-ons that can be increased or decreased as required. By having flexibility with your professional indemnity business insurance policy from The Insurance Octopus, you can make sure your insurance is just what you will need.
Why you need computer programmers insurance
If your business provides a professional service providing forms of advice, then ensuring you are protected with a Professional Indemnity insurance policy should be a top priority. As a computer programmer, you are exposed to a number of unique risks and scenarios that could lead to someone placing a claim against you.
Anything from database failures, causing breach or loss of data, to recommended software causing a system to crash; all can leave you liable and facing a costly claim. As well as any resulting legal expenses there could also be compensation costs to pay if a claim against you is successful, both of which could be detrimental to your business.
It couldn’t be easier to get covered with The Insurance Octopus. We work with a selection of UK insurers who provide the widest choice of PI insurance to ensure you have the best cover at the best price for you. We can add a variety of additional covers for your business, whether you work at home, in the office or while on the move, as well as provide options for covering you in sector specific situations as required.
Arranging the right cover for your business
We specialise in providing professional indemnity insurance which means you will get a bespoke policy comprising of the covers your business requires, ensuring you and your business only pay for the cover you need.
Documents sent same day
In most cases, we can provide you with your business insurance and documents on the same day (subject to time of day restrictions), offering a range of flexible payment options, including Direct Debit. Get in touch with us today for more information.
Why choose us for your computer programmers insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
We can't stop accidents from happening but our Professional Indemnity insurance will give you up to £5m worth of cover - with up £5 million worth of public liability insurance cover also included.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
Specialists who understand your profession
Connecting you with agents who specialise in your field. They understand many of the challenges you face, & can tailor a policy to your needs.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.