Recommended professional insurance Thread poster: Laurent Fel
| Laurent Fel France Local time: 22:57 English to French + ...
Dear all What type of insurance coverage would you recommend to someone specializing in business/management/marketing? i.e. against which type of liability and up to which amount? Any company you would recommend? Thank you. Laurent | | | Ana Vozone Local time: 21:57 Member (2010) English to Portuguese + ... MFL (http://m-f-l.co.uk/default.asp?contentid=94) | Sep 6, 2014 |
Hello, Laurent, I would recommend the above company. I have used their services for some years now, and have benefitted from a discount due to my ITI membership. They will be able to advise you on the types of coverage. Have a nice weekend! Ana Vozone | | | Ever been sued? | Sep 6, 2014 |
As a follow-up, just curious, as I've thought in the past about this type of insurance but have so far held off, has anyone here ever had to actually use professional liability insurance in response to a lawsuit by an agency/client? | | | Henry Hinds United States Local time: 15:57 English to Spanish + ... In memoriam
I, even more than Preston, consider such insurance to not only be of doubtful value but completely useless. For many years now whenever the subject of professional liability insurance comes up, which is does with some frequency, I ask the following question which I ask once again here: Does anyone have knowledge of any case in which a translator has been sued for professional liability? After more years than I can count, I have never received an answer. | |
|
|
| Would you hear about it though? | Sep 6, 2014 |
Does anyone have knowledge of any case in which a translator has been sued for professional liability? After more years than I can count, I have never received an answer. It's hardly something a translator would boast about, is it? | | | Ana Vozone Local time: 21:57 Member (2010) English to Portuguese + ... Peace of mind for less than 8 euros a month... | Sep 6, 2014 |
As I mentioned in my first post, I have had professional insurance for some years now. The cost is around 90 euros for 600,000 euro coverage. I think that, at less than 8 euros a month, it is a pretty good deal! I have never heard of translators being sued, but it could happen... Below are some of the items included in the coverage: Loss of or Damage to Documents Liability for Loss of Documents Libel and Slander Infringement ... See more As I mentioned in my first post, I have had professional insurance for some years now. The cost is around 90 euros for 600,000 euro coverage. I think that, at less than 8 euros a month, it is a pretty good deal! I have never heard of translators being sued, but it could happen... Below are some of the items included in the coverage: Loss of or Damage to Documents Liability for Loss of Documents Libel and Slander Infringement of Copyright or Patents Legal Defence Assured’s Own Losses Witness Expenses Breach of Warranty of Authority One more thing: I always remember the time when Larousse printed one of their dictionaries (in 1991), only to realize that they had misinformed the public about a highly poisonous mushroom type... What if this had been a translation? http://www.nytimes.com/1990/08/29/garden/deadly-error-halts-sales-of-larousse.html So, I am totally pro-insurance. Have a nice weekend! ▲ Collapse | | | Sheila Wilson Spain Local time: 21:57 Member (2007) English + ...
If you decide to take out insurance, do at least check that it will cover you. I paid for it for several years in France, only to discover that I had zero protection from being sued in courts outside France. About 50%+ of my clients were France-based. The others were spread around the world. When I moved to Spain I checked first and the same applies. I've only ever invoiced for €30 to Spain so it would clearly be a total waste of money. Sod's Law means that if you have just one cl... See more If you decide to take out insurance, do at least check that it will cover you. I paid for it for several years in France, only to discover that I had zero protection from being sued in courts outside France. About 50%+ of my clients were France-based. The others were spread around the world. When I moved to Spain I checked first and the same applies. I've only ever invoiced for €30 to Spain so it would clearly be a total waste of money. Sod's Law means that if you have just one client living outside your country of residence, then that's the client that will sue. ▲ Collapse | |
|
|
Below are some of the items included in the coverage: Loss of or Damage to Documents Liability for Loss of Documents Libel and Slander Infringement of Copyright or Patents Legal Defence Assured’s Own Losses Witness Expenses Breach of Warranty of Authority
Does it actually cover the work you do? Ie, liability for mistranslation? Under what circumstances is the legal defence available? | | | Ana Vozone Local time: 21:57 Member (2010) English to Portuguese + ... Geographical limits: worldwide | Sep 7, 2014 |
Jurisdiction limits: worldwide And, yes, translation work is obviously included, as is interpretation work, any form of linguistic and/or transposition and adaptation work.... etc. I am talking about the policy I have with the company mentioned in my initial post. So, it is certainly not a waste of money in my opinion! Definitely worth an email to different insurance companies to see what they offer. ITI (UK) initially recommended M-F--L and no... See more Jurisdiction limits: worldwide And, yes, translation work is obviously included, as is interpretation work, any form of linguistic and/or transposition and adaptation work.... etc. I am talking about the policy I have with the company mentioned in my initial post. So, it is certainly not a waste of money in my opinion! Definitely worth an email to different insurance companies to see what they offer. ITI (UK) initially recommended M-F--L and now recommend Towergate. I decided to stay with MFL. Ana Vozone ▲ Collapse | | | Laurent Fel France Local time: 22:57 English to French + ... TOPIC STARTER
Thank you all for your comments. This was helpful. | | | jyuan_us United States Local time: 17:57 Member (2005) English to Chinese + ... Peace of mind? | Sep 10, 2014 |
Ana Vozone wrote: As I mentioned in my first post, I have had professional insurance for some years now. The cost is around 90 euros for 600,000 euro coverage. I think that, at less than 8 euros a month, it is a pretty good deal! I have never heard of translators being sued, but it could happen... Below are some of the items included in the coverage: Loss of or Damage to Documents Liability for Loss of Documents Libel and Slander Infringement of Copyright or Patents Legal Defence Assured’s Own Losses Witness Expenses Breach of Warranty of Authority One more thing: I always remember the time when Larousse printed one of their dictionaries (in 1991), only to realize that they had misinformed the public about a highly poisonous mushroom type... What if this had been a translation? http://www.nytimes.com/1990/08/29/garden/deadly-error-halts-sales-of-larousse.html So, I am totally pro-insurance. Have a nice weekend! Will the insurance company unconditionally pay for the damages when a claim comes up? Will they have a lot of "Exclusions"? Will they require you to pay deductibles first? You'd better look at the coverage documents carefully. | |
|
|
jyuan_us United States Local time: 17:57 Member (2005) English to Chinese + ... Right, all they cover is irrelevant | Sep 10, 2014 |
John Farebrother wrote: Below are some of the items included in the coverage: Loss of or Damage to Documents Liability for Loss of Documents Libel and Slander Infringement of Copyright or Patents Legal Defence Assured’s Own Losses Witness Expenses Breach of Warranty of Authority Does it actually cover the work you do? Ie, liability for mistranslation? Under what circumstances is the legal defence available? and they will not cover the issues that you are most concerned about, i.e. damages caused by translation errors. | | | Richard Foulkes (X) United Kingdom Local time: 21:57 German to English + ...
I've just got a quote from MFL myself and it seems like a no-brainer in view of the cost and cover provided. I've looked at getting PI insurance at various points in the past and in view of some of the work I do now, it would probably be a good idea! Thanks again for bringing it to my attention. | | | Ana Vozone Local time: 21:57 Member (2010) English to Portuguese + ... Glad to be of help! | Sep 19, 2014 |
Like you say, it is a no-brainer, in spite of all the skepticism! | | | To report site rules violations or get help, contact a site moderator: You can also contact site staff by submitting a support request » Recommended professional insurance Anycount & Translation Office 3000 | Translation Office 3000
Translation Office 3000 is an advanced accounting tool for freelance translators and small agencies. TO3000 easily and seamlessly integrates with the business life of professional freelance translators.
More info » |
| CafeTran Espresso | You've never met a CAT tool this clever!
Translate faster & easier, using a sophisticated CAT tool built by a translator / developer.
Accept jobs from clients who use Trados, MemoQ, Wordfast & major CAT tools.
Download and start using CafeTran Espresso -- for free
Buy now! » |
|
| | | | X Sign in to your ProZ.com account... | | | | | |