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toughtimes
- Posts: 5
- Joined: Mon Jan 27, 2014 9:20 pm
- Location:
Hi folks; after what seems like an eternity trawling through the internet for answers I am going to give it one last shot and ask if anybody here can help??
My wife & myself are nearly 3x years into an IVA with thankfully no issues to date...
My wife is due to start self employed as a sole trader (can't do Ltd route as there is no bank that would give us a business account whilst in an IVA[:(]!). She is initially going to trade (dress agency) via a 12x month license to trade however this requires us to have Public Liability Insurance of up to £5M.
Is it possible to have Public Liability Insurance whilst in an IVA? Does anyone have any suggestions?
Many thanks!!!!
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Hair_bobbles
- Posts: 215
- Joined: Sun Oct 20, 2013 1:25 pm
- Location: United Kingdom
I read from another post a little while ago there is a company called HISCOX that may be able to help.
IVA COMPLETED & CLEAN CREDIT FILE.
An old bible proverb says this: the rich one rules the poor, and the borrower is a slave to the lender.
How true are those words of wisdom.
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emptypockets
- Posts: 72
- Joined: Wed Feb 08, 2012 4:43 pm
- Location:
I changed my liability insurance while being in an IVA and didn't have any problems whatsoever.
Funny you should say that hair_bobbles because I'm with Hiscox!
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toughtimes
- Posts: 5
- Joined: Mon Jan 27, 2014 9:20 pm
- Location:
Ah, thanks for the reply an reassurance Hair_bobbles and empty pockets. It has been a real slog every step of the way to go self employed so far. Hven't told my IVA company yet...... I'm dreading that one!
