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Professional Indemnity Insurance Contractors
Working as a contractor in any area of business requires coverage for Professional Indemnity Insurance. Contractors are largely associated with the field of construction work and PI insurance is vital for your own protection. Quotezone can assist you, using its comparison service, to help you find UK brokers and PI providers who can offer cheap offline or online quotes to suit your needs. We can quickly find your results to email you. You can then contact the companies and find cheapest and best one for you and your contractor business. If you are a sole trader the same rules apply and you use our service to find a suitable PI policy.
Do all contractors need to have PI insurance?
Contracting your skills out to a company in the construction business requires that you have adequate coverage to protect yourself from being sued by a client. There are many reasons why a client could possibly begin legal action against you and the PI insurance covers you for legal costs, damages, physical harm to another due to professional mistakes or misconduct and other forms of loss. It also protects you against loss and damage. If you are unsure as to whether you need PI insurance in your contractor status you should check with a legal source to clarify your situation.
Does the FCA regulate Quotezone?
Quotezone and its panel of members are regulated under the Financial Conduct Authority and must comply with all rules and laws laid down for the protection of clients.