Kingsbridge Contractor Insurance
IT & Technology Contractor Insurance from Kingsbridge
Complete protection for you and your business. Our package policy includes:
- Flexible payment options
- Professional Indemnity retroactive cover at no extra cost
- Dedicated internal claims handler
Why do I need IT and technology insurance?
IT contracts are often complex and don’t always go to plan. Therefore, anything from a system failure to a data breach could leave you vulnerable to legal action. Contractor insurance gives you the peace of mind that you are protected against any potential damages, tax liabilities or claims against you. It is also a good indicator that you hold an outside IR35 status, which can help show you are a legitimate business. Your recruiter or end client will likely require that you hold insurance, so it will help you win work.
Everything you need in a single policy
We’ve tailored our policy package to provide the most comprehensive cover a self-employed contractor could ever need, and that’s not even the best bit. We’ve included everything listed below, for an amazing price.
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Professional Indemnity
Professional Indemnity
Protects you from the financial consequences of professional negligence. This includes giving bad advice to making a mistake during your work. This policy will cover your legal defence costs and any damages awards to the claimant.
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Public Liability
Public Liability
Provides cover when a third party is injured or their property is damaged due to the actions of a limited company contractor or business. It will cover the costs of any damages awarded, as well as any related legal fees, costs, or expenses.
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Employers' Liability
Employers' Liability
Covering any injury to an employee. £10,000,000 any one claim limit with no facility to alter/remove.
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Personal Accident Cover
Personal Accident Cover
Occupational personal accident provides cover if you are injured at work or whilst commuting to work. This could either be a weekly amount of £500 a week or a lump sum, depending on the circumstances.
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Directors’ & Officers’ Liability
Directors’ & Officers’ Liability
Providing cover for legal fees that you could be held accountable if your business was accused of financial mismanagement, a health and safety failure, a legislative breach or a breach in company law.
Frequently asked questions
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How do I make a claim?
If you ever need to make a claim on your policy, don’t hesitate to contact our expert team on 01242 808740 who will be able to assist.
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What is IR35?
The off-payroll legislation, often referred to as IR35, is a UK tax legislation that aims to detect ‘disguised employees’ who are for all intents and purposes employees, however rather than being on payroll they are registered as limited companies, to avoid higher tax rates
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What documents will I receive?
You will be emailed a policy schedule, policy wording and employers’ liability certificate immediately after you purchase. The schedule confirms the levels of cover and can be used by you to confirm your cover arrangements to agencies, recruiters and clients.
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Why do I need employers' liability if I do not employ anyone?
In addition to the fact that employers’ liability may be a legal requirement for you to hold, most clients will include this insurance as a standard contractual obligation so cover has been included to help comply with these requirements. The Kingsbridge package of insurance will also cover you if you employ a spouse or close family member in an administrative or clerical role.
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Can I still have cover if I work abroad?
As long as you maintain your UK residency and your company is UK registered then the policy covers you worldwide, with the exception of the USA or Canada. This can be added as an additional bolt-on.
