The 'P' could stand for public or professional, although in this context I'd say 'public' is more fitting.
However, your 3rd party cover on your normal car insurance should cover anything that this would.
Track day organisers have public liability/indemnity insurance, in case an accident on the circuit involves an innocent member of the public - e.g. you crash, a wheel goes over the fence and hits a spectator.
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PI Insurance
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- Lifer
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- lacroupade
- Lifer
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Re: PI Insurance
Its grammatically corrupt. Insurance is a form of indemnity; thus to talk about 'indemnity insurance' is meaningless twaddle.
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If toast always lands jam side down, and a cat always lands on its feet, what happens when you strap a piece of toast, jam side up, to the back of a cat?
If toast always lands jam side down, and a cat always lands on its feet, what happens when you strap a piece of toast, jam side up, to the back of a cat?
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Re: PI Insurance
Can you give me brief introduction of Personal Indemnity Insurance of which you are talking. I want to know.mmm-five wrote:The 'P' could stand for public or professional, although in this context I'd say 'public' is more fitting.
However, your 3rd party cover on your normal car insurance should cover anything that this would.
Track day organisers have public liability/indemnity insurance, in case an accident on the circuit involves an innocent member of the public - e.g. you crash, a wheel goes over the fence and hits a spectator.