insurance Articles

Self-employed workers vulnerable to financial shocks
marketing | 21 April 2022
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New research shows that many self-employed workers are highly vulnerable to financial shocks.

A survey of more than 2,000 self-employed workers in the UK found that many don’t have a reliable source of income or a safety net in case something goes wrong. 

marketing | 29 July 2016
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Insurance is one of those things you think you don’t need…until you do. One of the most common questions we get asked at Kingsbridge Contractor Insurance is ‘Why do I need insurance?’ We’ve taken some time to explain why.

Your company, your responsibility

If you were a PAYE employee then any accidents, mistakes, or errors you made that caused your company or client to lose money would be covered by your employer’s insurance. However, as an independent contractor you are the company, and are therefore responsible for the services you provide to your client.

If during the course of your work you make an error or omission that results in them losing money, then they are well within their rights to make a claim against you. These claims can often be very costly and in some cases may be the difference between continuing to work and bankruptcy. 

Insurance is one of those things you think you don’t need…until you do. One of the most common questions we get asked at Kingsbridge Contractor Insurance is ‘Why do I need insurance?’ We’ve taken some time to explain why.

PayMatters announce a new partnership with Kingsbridge Professional Solutions to meet their contractor insurance requirements.

Save money on car and van insurance with a dash cam
marketing | 4 December 2017
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Looking for a Christmas present for yourself? How about one that will save you money for years to come – and help you stay out of legal scrapes.

Contractors spend a great deal of their time on the road. And although you can often claim tax back on travel expenses – the sheer number of miles you get through each year can push up the price of your insurance premiums.

Anything that can bring down these premiums is most welcome and that’s where a dash cam can be your best friend. 

PayMatters Umbrella Company have increased their Professional indemnity Insurance Cover (PII) from £2m to £5m