FI as sole trader/ltd company & liability insurance
Having just completed my FI(R) rating, I have approached a number of flying schools regarding weekend instruction.
Most have said I would need to set up as a sole trader and invoice the school for hours flown. On the subject of public liability insurance, some have said I would be covered under the schools own insurance whilst others have told me not to worry about it!! They said that if I am concerned I could purchase my own public liability insurance!?!
For me the issue is the risk (one hopes a remote risk) of being involved in an incident and then being sued by a student. Have other instructors worried about this or do folks just get on with the instructing without giving much thought to this 'what if' scenario.
Am I being too cautious?? I'd welcome some advice please.