Are you protected from the unexpected?
Read on below for a guest post from contractor mortgage specialists, CMME. As a self-employed professional, it can be a…
A noteworthy report for all contractors was issued this month highlighting the importance of holding personal accident insurance. The report confirmed that the self employed were at most risk of financial loss if hospitalised. Of 400 contractors surveyed, an amazing 72% didn’t have any kind of insurance that would help the financial burden of being unable to work through a workplace accident.
When purchasing insurance cover such as professional indemnity and public liability for their limited company, it is obvious that some contractors neglect the significance of obtaining cover for themselves in the case of accident.
A contractors self employed status means they are likely to have no other person to hold responsible following an accident, but a simple affordable personal accident cover could protect them from the inevitable financial pitfalls.
Experts in freelance insurance, Kingsbridge Contractor Insurance offer a package of insurance which includes personal accident cover that not only insures for accidents that occur at work, but also for any accident that takes place whilst commuting.
Kingsbridge offer a weekly benefit of up to £500 whilst recovering from an injury. In addition to this, lump sum payments are payable for death or permanent disability resulting from an occupational accident.
Recent claims have seen our insurers award weekly payouts to claimants for periods of incapacity from 2 to 12 months, providing £26,000 benefit in the worst case. Our insurance package provides contractors the peace of mind of having their own cover in the event of a mishap, regardless of the blame. Have you thought about the potential loss?
Could you afford to go for months with no income?
See the detail yourself at www.kingsbridge.co.uk.
