How many times has this type of insurance paid out?
I cannot see how this type of insurance would ever have to pay.
The contractor fills out the insurance questionannaire honestly stating working practice X (e.g. no direct control).
The contractor is investigated and loses on the basis of X.
The insurance company then turns around and says you were not honest about X we won't be paying you.
So you have lost the investigation, you have to pay the tax and fines and you also gave away some extra cash in premiums.
I cannot see how this type of insurance would ever have to pay.
The contractor fills out the insurance questionannaire honestly stating working practice X (e.g. no direct control).
The contractor is investigated and loses on the basis of X.
The insurance company then turns around and says you were not honest about X we won't be paying you.
So you have lost the investigation, you have to pay the tax and fines and you also gave away some extra cash in premiums.
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