The best value-for-money nanny insurance policy available
> Policy prices
The Nannyinsure policy is great value for money and there are two policies to choose from. Apart from the standard limit of indemnity, both policies are the same and the premimum includes Insurance Premimum Tax.
- A £3,000,000 limit of indemnity for an annual fee of £70
- A £5,000,000 limit of indemnity for an annual fee of £90
> How to pay:
- The annual fee is payable in full upon application.
- Once you have completed the online application form and clicked ‘submit’, you will be taken to a payment page where you will be asked to supply your credit or debit card details.
- Please note that the online payment page does not accept Maestro.
- Your details and payment are completely secure and provided by Sage Pay.
- If you are sending an application via the post, there is a section on the application form for you to provide your credit or debit card details.
- Alternatively, you can send a cheque with your application form, made payable to Hayes Parsons Ltd.
> Who pays?
This is entirely up to the nanny and, depending on the relationship and the situation with the employer.
In many situations the employer will prefer the nanny to have insurance to obtain Osfted registration as this enables the employer to benefit from Childcare Vouchers. In some cases the employer offers to pay for the insurance in this instance. However, it is important for employers to remember that regardless of who pays, it remains the nanny’s policy, and as such, if the nanny were to leave the employer, the policy will leave with her.
If issues arise regarding who should pay for the policy, it is always worth considering splitting the cost 50/50 as both parties will be benefiting from having the insurance in place.