^ TopWhy Contractor Income Protection
Whilst permies have the benefit of at least 3 months pay in the event of accident
or sickness, as a contractor you are exposed to financial loss the first morning
that you are unable to arrive on site, fit and ready to work. You can protect
yourself against such financial hardship.
In your last permanent job you likely would have had 'death in service benefit' of up to 4
times salary. As a contractor you have zero protection in the event of your death.
If you have an outstanding mortgage then a policy covering yourself will ensure no debt is
left for for a partner, kids or other family members should anything happen to you.
And finally, there is the risk that you are diagnosed with a critical illness, such as heart stroke or cancer.
You can protect yourself from the potentially disastrous financial consequences
of such conditions so that a lump sum is paid on the diagnosis of such an illness.
Contractor Financials can offer a tailored range of specially selected ‘contractor friendly’
policies that reflect the unique way in which you work. This means that the protection can mirror that
which you enjoyed when a permanent employee.
Here's a summary of policies available:
^ TopWhy Contractor Income Protection
Read more detail by clicking on the products above, or request a quotation online.