software insurance

[Marcella Ross]

Never thought about insuring the software….. (?) Insurance companies at their best though, they’ll be offering to insure your biro next! 😀

[Robert Lambie]

good point kev…
we took on a new unit a few years back. in the move we lost one of our signlab dongles. “we were not covered” 👿 after much a do and many phone calls with no help what so ever. it finally turned up again “i think” 😕 anyway, thats probably why we never actualy did much about not being covered but it is certainly something to ask next time they are in.
amongst other software we have 5 fully registered signlab packages. got to be worth in the region of 10k. so if we have a fire, we will have to say tah tah to that claim? 😕

thanks for the heads up on that.

[Peter Normington]

I dont think you can isure software as such because you dont usually own it just a lisence, dongle are classed as hard ware,so if you are insuring, be specific what you want replaced in the case of loss.

Peter

[Phill Fenton]

I’m sure our broker told us some time ago that our software would be covered in the event of a claim. I’ll need to check with him again though

[David Rowland]

with regards dongle, make a note of the numbers and put it some where ‘safe’, when dongles go missing or fail you can sometimes ask the makers of the software for another and they might change you a fifth of the price, that’s my experience with it.

I have photos of all the dongles and the computers for my records.

Software is normally licensed so you can make a backup copy (or CD), I have copies onsite and offsite. The biggest issue with a fire etc, is getting running again quickly, so software insurance really is only a lo-figure if you do a good backup plan

[Peter Normington]

The other thing to consider is that if your software is not an up to date version, the insurance would only pay the market value, which in some cases could be next to nothing, compared with the latest versions.
peter

[David Rowland]

also, maybe I should make a folder of all the software purchases I have done, including things like Spyware/Virus scanners, M$ software, Computer hardware, little programs like font managers, backup software, etc. Really to show our total investment value.