Qdos Freelancer Professional Indemnity Insurance

[malvolio]

Good afternoon

since I'm the only employee of my Ltd company, do I need to get EL? I guess I don't, but a (nice) confirmation from one of you would be good

Cheers
C

you don't, unless you need to hire a subbie though your own company. But since it costs peanuts and is usually bundled in ...

BTW you're almost certainly not an employee anyway. Directors are offfices, not employees.

[carlosLondon]

you don't, unless you need to hire a subbie though your own company. But since it costs peanuts and is usually bundled in ...

BTW you're almost certainly not an employee anyway. Directors are offfices, not employees.

an extra £50 with qdos...so I guess I'll just need PI and PL. won't be hiring anyone so that's alright :-)

thanks!

[carlosLondon]

you don't, unless you need to hire a subbie though your own company. But since it costs peanuts and is usually bundled in ...

BTW you're almost certainly not an employee anyway. Directors are offfices, not employees.

oh, and what's that about Directors being offices not employees?

Cheers
C

[TheFaQQer]

oh, and what's that about Directors being offices not employees?

Cheers
C

A director is an officer of the company. They may also be employees, but are not necessarily an employee as well as an officer.

[malvolio]

oh, and what's that about Directors being offices not employees?

Cheers
C

Sigh....

Someone's not been reading the guides.


WHS. If you'e an employee of YourCo, you have to pay attention to things like NMW, opting out of the WTD and having EL insurance. Thankfully, as a director, none of the above which is why we usually stick at being directors. You don't even have to pay yourself. But this is something you really ought to know; being a director does have legal responsibilities.

[carlosLondon]

Sigh....

Someone's not been reading the guides.


WHS. If you'e an employee of YourCo, you have to pay attention to things like NMW, opting out of the WTD and having EL insurance. Thankfully, as a director, none of the above which is why we usually stick at being directors. You don't even have to pay yourself. But this is something you really ought to know; being a director does have legal responsibilities.

Thanks for your help

I will re-read the guides

Cheers
C

[Waldorf]

Good afternoon

since I'm the only employee of my Ltd company, do I need to get EL? I guess I don't, but a (nice) confirmation from one of you would be good

Cheers
C

I think that provided you own at least 50% of the shares and you do not have any employees, then Employers liability insurance is not required, however most package it up with the other insurance, Qdos do, who I use.