Professional Insurance

As a freelancer, your job is to provide professional advice/consultancy/services, on which your clients would rely to have their desired objective accomplished. However, the problem arises when a mistake, may be a miscalculation, misinterpretation, or misjudgment leads to unmet objectives. The responsibility is certainly yours, for which your client, who has suffered the loss, has full right to charge you. Charges may range from simply compensating for losses, or lawsuits, or in some cases both.

Of course, these situations are not common, a reason why most freelancers overlook the potentiality of these problems, and neglect the very fact that their business might be end up at stake in case such a claim is made. The only option is insurance. You can opt for a freelancers insurance and rest assured that you certainly wont have to wind up your business if such an undesirable situation arises.

Nowadays, most organizations choose freelancers who are protected by a freelancers insurance. Hence, this protection will prove to your clients that you are professional in your approach and reap the benefits of this advantageous rapport. It is very simple, just get insured and gain that much needed peace of mind.

Contractor Banking

Things to watch out for while choosing a contractor bank account

Rethink before opting to go with your existing bank where you do personal banking only because you are familiar. Your existing bank may not necessarily give you discounts, and better offers, but banks specializing in contractor banking may do that. Secondly, compare several bank offers before choosing one and bank only with those contractor banks having a strong background. Bank Charges are a key point to consider because banks often levy high charges when contractor banking is considered. As a contractor, you will be surely be doing a large number of transactions, hence ensure that your charges are at par with other contractor banking charges. Check out for online banking because that will ease away a lot work. Most banks provide Internet service; hence, it should not be much of a problem to find one for you.

Combined Business Insurance

As a contractor, you would be needing more than one type of insurances to protect respective part or portions of your business. For example, you need a public liability insurance to protect yourself from claims, etc made by your clients, employers liability insurance for protection against dissatisfied clients, a business equipment insurance for protecting your equipment, etc. Considering the paperwork and formalities that each set of insurance requires, or rather demands, it certainly makes sense if a single policy could include all these separate needs. This is what our combined business insurance policy offers. Our combined business policy gives a wide range of all-inclusive covers, and eliminates the need to purchase, maintain, and claim different policies, a great innovation, that lets you focus on your source of income, i.e. your freelance business.