As a contractor, your clients rely on you as a safe pair of hands. You’re an expert in your field and you’re often trusted to make significant contributions to your clients’ business.
We have experience of insuring contractors like yourself. And because of this we know, despite your best efforts, that mistakes can happen – especially when you’re working to meet deadlines. You may be working for your clients for just a short time, but what if you lost a laptop containing confidential information about your client’s customers?
Mistakes like this could result in an unhappy client bringing a claim against you for negligence.
Our professional indemnity insurance policy is designed for small businesses and can protect contractors against the cost of settling or defending a client’s claim that there is a problem with the work you have done for them. Professional indemnity insurance can give you peace of mind, and ensures that you present a professional and trustworthy image in front of your clients.
Why choose Hiscox professional indemnity insurance for business contractors?
Our policy provides cover for:
- negligence or breach of duty of care – making a mistake in your work or giving bad advice
- infringement of intellectual property rights – for example using content from a website or publication without permission
- breach of confidence – sharing confidential or sensitive information without consent
- defamation – making false or damaging claims about a person or organisation
- civil liability – if a claim occurs because of your business activity for a client and we haven’t specifically excluded it, it’s covered.
More about Hiscox professional indemnity insurance >
We’ll defend you
If a claim is made against you, and we think you have a reasonable chance of defending it successfully, we have the duty to defend you. This includes defending the entirety of a claim, even if some parts of it are not covered by your professional indemnity insurance policy. Get peace of mind that should a claim be made, you can focus on what you do best and leave our experts to deal with the complaint. We will deduct the costs incurred in defending the non-covered portion of a claim from the final settlement.
Protect your hard-earned reputation
As a freelance contractor taking out Hiscox professional indemnity cover, you will get free crisis containment cover. This means you can gain access to specialist PR support should a claim threaten to damage the reputation of your business. It also means you don’t have to take your eye off the ball when it comes to running things elsewhere, safe in the knowledge that experts are handling damage control on your behalf.
We want you to understand the PI cover we offer. Business contractors are covered under our professional indemnity policy for other professionals.
Download professional indemnity summary of cover for other professionals (PDF)
Download professional indemnity policy wording for other professionals (PDF)