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Can Public Liability Insurance be in another currency, e.g. Euro or US$?

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Can Public Liability Insurance be in another currency, e.g. Euro or US$?

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Insurance may be in a different currency however when the foreign currency cover is converted to British pounds it must cover a minimum of £5 million. The currency conversion rate used to assess if the insurance covers a minimum of £5 million will be the current exchange rate. A copy of the foreign Public Liability Insurance must be provided and confirmation and translation may be required to verify that it is valid Public Liability Insurance for the activity.

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