Tesco Bank Contractor Survival Guide: what to do if ‘inside IR35’ looms
This article is talking about IR35 insurance policies, but I wonder too how the ‘run off’ clauses under contractors’ Professional Indemnity insurance policies will stand up.
Wherever clients have effetively stated that the contractor has been working under their control all along, in the case of a disastrous error coming to light and causing an issue after the contractor has left, will the insurers pay out under contractors’ PI? I don’t think so.
The advice to read the small print on all contracts and insurance policies is very appropriate at this time; what you find may give clients something to think about.
Sent from my iPad using Contractor UK Forum
This article is talking about IR35 insurance policies, but I wonder too how the ‘run off’ clauses under contractors’ Professional Indemnity insurance policies will stand up.
Wherever clients have effetively stated that the contractor has been working under their control all along, in the case of a disastrous error coming to light and causing an issue after the contractor has left, will the insurers pay out under contractors’ PI? I don’t think so.
The advice to read the small print on all contracts and insurance policies is very appropriate at this time; what you find may give clients something to think about.
Sent from my iPad using Contractor UK Forum
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