Insurance

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As a contractor using your own Limited Company, on of the many questions we are often asked relates to company insurances. This can be an absolute minefield if not advised correctly. There are three different types of insurance that are commonly used by contractors:

	Professional Indemnity - Provides your company with protection against claims of negligent acts, errors or omissions or breach of professional duty. It is becoming commonplace for agencies to include this type of insurance as necessary to the signing of your contract.
	Employers Liability - The Employers Liability (Compulsory Insurance) Act of 1969 states that all limited companies must have an insurance policy in place, to protect against claims for any injury sustained by an employee of the company in the conduct of their business even if you are the only employee.
	Public Liability - Protects the company against claims made by third parties for bodily injury and/or property damage.

At Paramount, we understand the difficulties that contractors often encounter in trying to secure an insurance policy that is not only competitive but also one that meets your statutory as well as your contractual obligations. We have a scheme, which you will find most attractive and simple to apply for. The key benefits are:

	An all encompassing package of Professional Indemnity and Employers/Public Liability Insurance
	A one page application form asking five simple questions
	Cover will be confirmed immediately and documentation will be sent within seven days
	An Extremely competitively priced scheme which is underwritten by Templeton, NIG and AXA

Should you need any assistance with regards to your insurances, let us help. Simply click here and we will be in touch with you to see how we can help. The process is easy, hassle free and competitive.