As a contractor operating through your own limited company we cannot stress enough the importance of obtaining the appropriate insurance. For the majority of contractors there is a contractual obligation with the agency and the client to be suitably insured to work.
If your actions lead to anything being damaged or anybody being injured it is essential that you are insured, as it may result in a costly claim being made against you. Likewise, if you give your client any advice or complete any work for them that leads to them losing money, they may bring a claim against you. In such a situation, having appropriate insurance in place could be what keeps you in business.
There is a limited number of insurance providers that offer cost effective and comprehensive insurance to the contracting community. If for any reason you do not hold the appropriate insurances, we would suggest you contact our insurance partner Kingsbridge Contractor Insurance, a specialist insurance broker for contractors.
Key benefits include:
- Professional indemnity and public liability cover
- Personal accident cover included as standard
- Comprehensive worldwide cover for UK candidates
- Generous cover levels as required by the majority of clients – plus higher levels are available
- Cover for previous work
- Availability to purchase online 24 / 7, 365 days a year
- Instant access to policy documents
- Key IR35 indicator
Kingsbridge provide a package that includes the key insurances you may need –– which means you only need one policy to cover your main exposures and meet your contractual obligations. We have chosen to work with Kingsbridge based on their expertise, knowledge and because they are genuine specialists in the sector.