You may need to take out some form of insurance cover as a condition of your contract, or consider policies (for example tax protection) to provide peace of mind. Here we look at the main types of policy available to contractors, and how to get the best deal.
IR35 insurance will cover the professional costs of any tax investigation, and even any tax and national insurance liabilities you are subsequently found to owe following an HMRC enquiry. Read more
If you want to take out a life insurance policy to protect your dependants should you die, you could benefit from a ‘relevant life’ policy, which is paid for by your limited company, resulting in a significant tax saving. Read more
Contractors looking to cover themselves and any dependants for specialist and hospital treatment costs may be interested in find out more about private medical insurance (PMI). Read more
As contractors do not receive the insurance benefits often provded to permanent employees, taking out a relevant life insurance policy is a tax efficient way to protect your loved ones. Read more
Critical illness insurance is a type of policy designed to cover you if you happen to be diagnosed with a serious medical condition. It’s a policy aimed specifically at contractors and other limited company directors. Read more
Many clients now insist that contractors have adequate professional indemnity insurance cover in place. What is PI insurance?, and how to choose a policy. Read more
PI insurance providers can cover you for work done in the past (retroactive cover), and protect you for claims made against you for the years after you retire (retroactive cover). Read more
There are some compelling reasons why most contractors should have adequate business insurance cover in place, even if it is not required by law. Read more
A guide to life cover for IT contractors – essential cover to protect your dependants in the event of the worst happening. Read more
An overview of employers liability insurance for contractors, what the legal requirements are, and how to get an EL insurance quote. Read more