One of the benefits of being a permanent employee is that there are many protection and insurance policies already inline on your behalf. However, if you are a contractor this is something you will need to secure yourself.
A permanent employee will benefit from having at least three months of paid leave if they are unable to work, but as a contractor, if you want such security, it is down to you.
But don’t dismay, there are a variety of ways in which you can protect yourself in the unfortunate event that you are unable to work. Permanent health insurance is the ideal way to make sure that you, your family and your financial affairs are kept protected.
This allows you to set aside a monthly amount that will cover you in the future if needed.
Some reasons for taking out income protection insurance contractors are:
What does income protection do? This replaces part of your income if you are unable to work for a long period of time because of illness or disability:
If you would like to discuss your contractor insurance needs, please fill in the form below for a no-obligation chat regarding your circumstances.
If you would like to discuss your contractor insurance needs, please fill in the form below for a no obligations chat regarding your circumstances.