Freelancer Insurance
Insurance and liability cover for Freelancers
We have a tailored policy package for freelancers, built by our years of expertise. So, you can be sure your insurance package has everything your business needs for a great price.
Why should I have insurance as a freelancer?
Holding business insurance can be crucial for freelancers to ensure you are protected against any potential damages, tax liabilities or claims made against you. Some clients may require proof of insurance prior to hiring, and holding insurance can also help you to look more professional and trustworthy to your higher-value clients too.
What is covered by our Freelancer Insurance?
Kingsbridge packages up four key products into one policy:
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Professional Indemnity
Professional Indemnity
Professional Indemnity insurance is designed to protect freelancers against negligence claims. Likely reasons for such claims include making a mistake or providing bad advice. Therefore, this policy covers loss of documents or data, breach of intellectual property, and defamation and libel — risks you may run when working in marketing, media and development.
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Public Liability
Public Liability
Public Liability insurance provides cover for damage to third-party property and injury to third-party persons. It also covers any legal fees resulting from claims you defend.
However careful and professional you are, accidents happen, and the consequences can be severe. For instance, public liability claims are typically very costly, so without this cover, you could find yourself severely out of pocket.
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Personal Accident
Personal Accident
This is part of the policy we most frequently receive claims against, for understandable reasons. For example, if you’re a freelancer who experiences an occupational personal accident, either in the workplace or during a commute, it could drastically impact your income.
However, with our occupational Personal Accident cover in place, you’ll receive a weekly sum of up to £500 while you recover. There’s also provision for a substantial payout if the injury leaves you permanently unfit for work.
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Employers’ Liability
Employers’ Liability
As a freelancer, you may think, “I’m not an employer, so I don’t need employers’ liability cover”. It may not be that simple, however. For instance, if your spouse looks after your accounts or does clerical work for the business, Employers’ Liability insurance could be a legal requirement for your business.
Who can be covered by our Freelancer Insurance?
Our team can tailor policies for self-employed professionals working across a wide range of job roles, including:
Why choose Kingsbridge for Freelancer Insurance?
- We’re long-established specialist insurers for freelancers and the self-employed. As such, we understand the pressures of running your own business and are experienced at dealing with the demands of varying occupations.
- We offer specific, specially designed packages for individual industries, such as media, various trade professions, banking and finance.
- All of Kingsbridge’s policies are underwritten by A-rated insurers and are specifically designed to suit the needs of freelancers.
How much does our Freelancer Insurance cost?
Our freelancer insurance is always competitively priced. In fact, we’re so confident that you won’t find the same cover for a better price anywhere else that we offer a Price Promise. It means that if you do find the same cover elsewhere for less, we will beat any like for like quote.
Our proposal and quotes are tailored to your needs. We understand that the businesses freelancers run can vary in turnover and risk levels, so we’re delighted to discuss your requirements in detail.
Frequently asked questions
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Are freelancers required to have insurance by law?
If you have employees, even if it is simply a spouse or partner occasionally helping with admin, you may be required to have Employers’ Liability insurance cover.
Public Liability insurance, Professional Indemnity insurance and Personal Accident cover are not required by law – but are often required by a client within your contract. However, even if your contract does not require it, these covers are still an important way of reducing risks and claims.
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Can I add additional cover to my Freelancer Insurance?
Yes, we offer several add-ons to our standard policy depending on your industry.
The most popular of these is our Business Equipment cover, which many of our customers find essential to protect the tools they reply on to work. But we also offer Cyber Liability insurance to help protect your business against online threats and Legal Expenses cover to protect you in the event of legal action.
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Do I really need insurance?
Ultimately, whether you hold insurance or not is up to you. However, even if you have resources in place to cover downtime in work or for emergencies, it’s unlikely to be enough to cover the cost of a claim against your business. Holding a comprehensive insurance policy gives you a safety net if things go wrong often providing expert guidance and monetary support.
