Originally posted by radish2008
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Insurance cover
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Blog? What blog...? -
You've already started a thread asking the same question. Not sure hijacking other threads will help.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostYou've already started a thread asking the same question. Not sure hijacking other threads will help.Comment
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Originally posted by SeanT View PostHow can they insist on that if you don't employ anyone???
If you use a sub-contractor, you need that cover: regardless of how they are engaged, any worker under your control counts as an employee for ELI purposes.
And that's significant because if you have a substitution clause then you may have to engage a subbie to fulfil it (remembering they work under your original contract, not a new one for them) and if you don't have ELI in place then your sub clause is clearly a sham and therefore no part of an IR35 defence...
As I said, flimsy - but for the fourpence it costs, why take the risk.Blog? What blog...?Comment
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Or, you can flip it around and say, "Of course it's a genuine right of substitution. That's why I have EL cover, because I need to be covered if I end up needing to send a substitute."
It's still flimsy, but then the flimsy argument is on your side rather than against you.
Since we don't have a clear, legislatively-specified definition of employment / hidden employment, there will always be cases that are borderline. It's always a good idea to have an IR35 dossier with even the very weak / flimsy arguments, in a borderline case who knows what will tip it your direction? Every little helps if it's a close call.Comment
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Originally posted by malvolio View Post
As I said, flimsy - but for the fourpence it costs, why take the risk.
Client: you need it or you have to prove why you don't need it.
Me: How do I prove I don't need it?
Client: err..... hang on...... I can't find the process.... err..... nobody's asked before... err....
Me: I've just bought it while you blathered.
Client: cool. see you MondaySee You Next TuesdayComment
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insurance for contractors
As a contractor can be anything from a Tradesman to a Web Developer, the different types of cover can be Professional Indemnity, Public Liability, Internet & Email (cyber liability) etc..Comment
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Re: employers liability - told my one it's not applicable to the scenario and gave them the certificates for Public Liability and Professional Indemnity - they took that without a further question⭐️ Gold Star ContractorComment
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Originally posted by radish2008 View PostDoesn't that cover your substitutes if you have/need them in the future ?
The thing about Employer’s Liability is that the premium is linked to wagerolls. So if you don’t currently employ anyone and have a low wageroll it will be virtually thrown in for free in any Contractor Insurance package.
Also, there is often confusion between who is an employee for PAYE rules and who is an employee for whose safety you are legally responsible. Anyone who you take on to undertake work under your contract - so you get paid and then pay them for their time, is an employee for whim you need to buy Employers Liability.
As the thread above points out that could mean someone who steps in if you are ill or when you are away or if you are too busy to work on all your contracts. So we would always advise you consider this cover.
On the subject of Professional Indemnity, this covers financial losses incurred by your customers if you advice, specification/design or service is in error. If a customer levels a claim against you that is unsubstantiated, Insurers will help you defend this.
Professional Indemnity should always be purchased in combination with Public Liability Insurance. Public Liability covers bodily injury or property damage to others as a result of your negligence. It might sound a remote possibility but we have seen a claim of £30,000 where a customers member of staff fell over an IT consultants bags and broke their elbow!
Hope that helps! PaulComment
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Although I doubt that insurance is needed once you are employed by an umbrella so check if you can cancel in those circumstances."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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