PolicyBee review

PolicyBee is a broker (broker) rather than an insurer, and it places cover for public liability, professional indemnity and employers liability with an underwriter on your behalf. Those lines are the full list on offer, so anything outside them has to be arranged elsewhere. The starting point is a quote, not a set policy.

The stated audience is consultants, contractors, freelancers and charities, which spans both one-person businesses and organisations with staff. Charities sit in that list alongside consultants and contractors. A broker setup works for you if the quote depends on trade, turnover and the level of cover you choose.

No single price is published, so the useful reference points sit in the business insurance ranking. The median starting premium there is €8.37, the lower quarter is €4.06 and the upper quarter is €29.59. Your own quote depends on trade and cover level.

Limits vary between providers. Across the business insurance ranking the median is €3,486,547.74, the lower quarter is €1,458,053.49 and the highest is €11,621,825.79. For professional indemnity the median reads €5,810,912.89, so check the limit attached to each quote.

Support is listed as phone, so phone is the route on offer. Phone is also the most common channel in this ranking, appearing on 91% of providers, while a help centre appears on 75.7%. Worth settling the claims contact in writing at the outset.

It is a broker: the listing records PolicyBee as broker, so cover is placed with an insurer and the broker sits between you and the underwriter. Both models are common in this ranking, with 29.4% of providers being brokers and 53.2% being insurers.

Within its listed lines, yes: public liability, professional indemnity and employers liability. Public liability and professional indemnity dominate this ranking, appearing on 84.6% and 63.5% of providers, while cyber appears on 34.6%. Employers liability is scarcer, so expect fewer quotes for that line.