IPSE always recommends that our members should be covered with the correct business insurance. Kingsbridge, a contractor insurance partner of IPSE, are offering our members 10% off all their insurance packages. You can ask for a free consultation to discuss your needs by calling them on 0844 488 0387.

Why do you need business insurance?

No matter your industry, if you work as an independent professional you are providing your client with your services, your experience and professional advice. If, during the course of your work, you make a mistake or an error that has an effect on your client or their business, then they are well within their rights to make a claim against you. 

Download our guide to insurance and find out more about the insurance needs of your business. 

It protects you and your business

If your actions lead to anything being damaged or someone being injured; or any advice you provide or work you complete results in a client losing money, then they are well within their rights to make a claim against you. In the event of a costly claim, having appropriate insurance could be what keeps you in business.


It’s likely to be part of your contractual requirements

In most cases your contract will state you must have appropriate cover before starting work. As you are not a permanent employee of the client you would not be covered under their insurances unless stated otherwise in your contract.

It’s a key IR35 indicator

As business insurance isn’t a requirement for a traditional employee, holding it shows a clear distinction between an independent professional and an employee. It also demonstrates a financial obligation and a responsibility to protect your interests, a key sign to HMRC that you are operating as a legitimate business.

How Kingsbridge can help you

Kingsbridge, a specialist insurance broker, provides a full cover insurance solution tailored to protect contractors, freelancers and independent professionals against the risks of operating as a limited company.

Their comprehensive, compliant and competitive package includes all the key insurances limited company contractors would require; notably professional indemnity, public liability and employers’ liability, meaning only one policy would be needed to cover the main exposures which could potentially affect your business and meet contractual obligations.

With Kingsbridge you only need one policy to cover your main exposures and meet your contractual obligations.

For more information and to get a quick quote with 10% off for IPSE members, please contact Kingsbridge directly on 0844 488 0387, email enquiries@kingsbridge.co.uk or visit ipse.kingsbridge.co.uk.