As you know, there are
many, many different types of archaeologist!
There are also just as many different types of insurance. Which of these you require of course depends
on who you are and what you are doing.
Below I have picked on 4 groups – which might be typical – so that I can
give a brief break-down of the insurance options available to them:
- Student, travelling to Greece to fulfil their course field-work requirements
- Local Archaeology / History Society
- Small commercial excavation / survey business (sole trader or limited)
- Larger commercial archaeology / heritage business
Further details of each
group:
Student,
travelling to Greece to fulfil their course field-work requirements
Activities: 4 weeks
back-packing, 2 paid weeks excavation work
Insurance you should have:
- Travel Insurance including cover for ‘light manual work’
Local
Archaeology / History Society
Activities: monthly
lectures, occasional trips, 2 small-scale excavations
Membership: 2 to 150
Other: £2,000 of
excavation equipment
Insurance you should have:
- Employers’ Liability £10m limit – mandatory when utilising volunteers
- Legal Defence Costs (comes with Employers’ Liability cover)
- Public Liability / Products Liability £5m limit – protects you from damage to others or their property as a result of your actions
Optional additional
insurance covers
- All risks cover for equipment – in storage, in transit and on-site / at place of work (temporary or permanent) – if you have equipment. Or you might consider it not worth insuring as you are happy to cover replacement costs….and who would pinch it anyway? Worth having a look at this link: http://archaeology-heritage-insurance.blogspot.co.uk/2014/12/insurance-for-expensive-archaeological.html
- Directors and Offices / Trustees Indemnity – to protect your leaders from personal liability for exercising poor judgement on behalf of the group
- Personal Accident Insurance – a compensatory cover which will pay out to individuals in the event of very serious injury while working on your behalf
Small
commercial excavation / survey business (sole trader or limited)
Activities: rescue archaeology,
usually for local authority
Personnel: 1 – 10 full
time, 0 – 10 part time
Vehicles: 1
Office: 3 computers,
other contents
Remit: 80% UK, 20%
Europe
Insurance you should have:
- Employers’ Liability £10m limit – mandatory when utilising volunteers
- Legal Defence Costs (comes with Employers’ Liability cover)
- Public Liability / Products Liability £5m limit – protects you from damage to others or their property as a result of your actions
- Office contents – your computers, records and other business equipment
Optional additional
insurance covers:
- Professional Indemnity Insurance – often a requirement for working with local authorities. This protects you against legal and compensation costs should your advice or abilities be proved to be inadequate
- All risks cover for equipment – in storage, in transit and on-site / at place of work (temporary or permanent) – if you have equipment. Or you might consider it not worth insuring as you are happy to cover replacement costs….and who would pinch it anyway? Worth also you having a look at this link: http://archaeology-heritage-insurance.blogspot.co.uk/2014/12/insurance-for-expensive-archaeological.html
- Personal Accident Insurance – a compensatory cover which will pay out to employees / volunteers in the event of very serious injury while working on your behalf
- Commercial motor insurance where applicable
Larger
commercial archaeology / heritage business
Activities: rescue archaeology,
planning advice, for local authority or construction industry, training and
development work with local history society and local education authority
Personnel: 40 full time
Vehicles: 4
Offices: 5, each with 10 computers, other contents
Remit: 60% UK, 40%
Europe
Of course, the list
includes all options - and maybe some others:
- Travel Insurance including cover for ‘light manual work’
- Employers’ Liability £10m limit
- Legal Defence Costs
- Public Liability / Products Liability £5m limit
- Buildings insurance
- Office contents
- All risks cover for equipment – in storage, in transit and on-site / at place of work (temporary or permanent)
- Directors and Offices / Trustees Indemnity
- Personal Accident Insurance
- Money and Assault
- Business Interruption
- Fidelity Guarantee
- Commercial motor insurance
- Professional Indemnity Insurance
- Cyber / E-risks insurance
Guess where you can get ‘fantastic’
quotes for this lot from?
Of course, all insurance purchases are a choice! The best approach is to have a good search online to see what is out there, discuss with colleagues and contacts the covers which they have and discuss openly with an insurance broker (ie me!) what you do and how you do it. That way you will have a clear view of what is out there and what you could be insured for / against. Then the decision is yours..............
(None of the above is definitive! There is just so much to say (about insurance!!), these are just my opinions. Please call to discuss.)
Call me to discuss your
insurance needs on 0208 2550617 / 07768 865983
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