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What's the worst that can happen?

Submitted by: MikeC (Admin) on 07-Sep-07 11:36:18 AM

I daresay DEA insurance is something that will be revisited here over time. Meanwhile, this is just a short post to suggest that you might want to think about just how much cover you might realistically need, in the event of a claim.

I hear through the grapevine that insurers are quietly rubbing their hands behind-the-scenes, selling cover that is disproportionate to the likely risks involved.

It's always nice to brag about having £10 million worth of cover to friends colleagues and clients, but you might want to ask what on earth could you do to trigger such a claim?

Of course, you might not have a choice if the premium is inclusive in your lodgement fees, which makes it difficult to challenge (what are your "Institute's" doing?), nevertheless, it might be worth shopping around after sitting down and asking, what's the worst that can happen?

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