Being your own boss comes with a number of perks, but like everything, it also has its risks.
It's therefore important that should something go wrong which causes your clients an insured financial loss, you have the peace of mind that your business is protected.
Cover that suits the way you work
Here at Sutton Winson, we've been providing insurance solutions to individuals and businesses alike for over 65 years. We've partnered with Caunce O’Hara and Markel, who, through their online quote portal, provide sector-specific business insurance solutions, that help protect the work you do.
Protection for a number of sectors
Caunce O'Hara and Markel offer a wide range of cover for professionals, freelancers, contractors, consultants and businesses. Those who work in the following sectors can get a quote through the online portal;
- Management and business consultants
- IT professionals
- Technical and engineering contractors
- Teachers and tutors
- Fitness professionals
- Marketing and media professionals
- Photographers and videographers.
Cover that's as adaptable as you are
The nature of your work means that it can change from one month to the next, so it's important your insurance cover reflects the way your business works. With Contractors & Freelancers insurance, you're able to tailor your cover and choose from a range of insurance protection products.
Professional Indemnity
Often needed before entering into a contract with a client, Professional Indemnity insurance covers the cost of defending your business against alleged negligence (e.g. giving your client incorrect advice).
Business Combined (including liabilities)
As a contractor or freelancer, it's important you're protected against various eventualities. Business Combined insurance keeps things simple, with a number of key business covers all in one place and the option to tailor the individual policy limits to your requirements.
Policies include;
- Employer's Liability - If you employ people, you're legally required to have this cover. It protects you against claims for injury or illness suffered by employees arising from their employment.
- Product & Public Liability - If someone is injured or their property damaged as a result of you carring out your work, this insurance covers the cost of defending your business.
- Directors & Officers - As a Director or Officer of your company, you can be covered for the costs of defending you against allegations of wrongful acts and any damages that are awarded against you.
- Contents & Portable Equipment - Whether you work in an office or from home, contents cover will protect things such as electronic office equipment, furniture etc. that remains within the property. Choose to add portable equipment cover and your laptops, mobile phones and cameras will also be protected when you're working away or at a client's premises.
Cyber Liability
If you hold any client data then you should consider this cover. Cyber Liability insurance provides protection for losses against the damage to or the loss of information from IT systems or online networks.
Personal Accident, Sickness & Travel
Injury or illnesses may prevent you carrying out your work and without work you may run into financial difficulties. This cover provides financial help should you suffer from an injury or illness and also has the ability to incorporate cover for business and holiday travel worldwide in any one year for you and your family.
Commercial Crime
With cases of commercial crime on the rise, it's more important than ever that you're protected. Commercial Crime insurance covers losses from fraud, dishonesty, theft, bribery, forgery and loss investigations.
Tax Enquiry & Legal Expenses
Protection against the legal costs and expenses for things such as contract disputes, tax enquiries and debt recovery. Plus, should a client take legal action against you because of mistake you've made, this cover can prevent you from needing to use your own finances to cover legal expenses.