Public Liability Insurance

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Littleblue

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Post by Littleblue » Fri Feb 23, 2018 9:55 am
Hi I have just bought Public liability insurance for my new karate club that I plan to open soon. I have gone through the IMASA and when I bought it I filled in the forms and read everything however now all the documnets have come through it there is a fact finding sheet that says I declare that I have not been made bankrupt or insolvent...what do I do now? Does this mean I will not be able to get the insurance?
Thanks

Foggy

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Location: United Kingdom

Post by Foggy » Fri Feb 23, 2018 10:11 am
Unfortunately an IVA is an insolvency procedure, so you will have to mention this to them and it will be up to them to accept or decline. Other posters have managed PLI through Hiscox, so might be worth a call.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

watzki

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Post by watzki » Sat Feb 24, 2018 2:33 pm
I got PLI through simply business a few years ago whilst in an iva
Today 1st of December 2016 the vultures finally flew away

luluj

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Post by luluj » Sun Feb 25, 2018 9:17 am
I would speak to them and explain - hopefully they will note it and then accept it
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

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