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PI Insurance

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mmm-five
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Re: PI Insurance

Post by mmm-five » Thu Jun 07, 2012 11:02 am

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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lacroupade
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Re: PI Insurance

Post by lacroupade » Thu Jun 07, 2012 10:27 pm

Its grammatically corrupt. Insurance is a form of indemnity; thus to talk about 'indemnity insurance' is meaningless twaddle. :)
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Re: PI Insurance

Post by Pam_T_Silas » Fri Oct 05, 2012 12:50 pm

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.
Can you give me brief introduction of Personal Indemnity Insurance of which you are talking. I want to know.

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