Contractor Insurance

Contractor insurance

Be insured, be protected!

Contractor insurance is important as far as protecting a freelance contractor against claims made by companies he is serving is concerned. Situations may arise when objectives are not fulfilled, often leading to nasty court cases. Hence, if you are a contractor, you need to carry certain obligations and legal responsibilities.

If you are a contractor, you need to make sure that your client has a legal option at law to claim for mistakes/negligence by contractors. Most clients would legally require you to have some level of Professional Indemnity Insurance. Professional Indemnity Insurance is the most common insurance contractors purchase and the majority of clients will require you to have some level of cover. It meets the cost of defending claims made against you, including damages that may become payable. Hence, get it done for you. Professional indemnity insurance for contractor would cover the expenses to legally defend or pursue your rights. In short, by taking contractor insurance, you can rest assured that you are fully protected.