Hi There, I am a newb IT contractor making switch from perm to first contract, Limited Co.I am about to get Public Indemnity Insurance, as requested by agency. Noone has mentioned how much so I am going with 1 million which seems pretty standard around here.
My question is, do I need to add on Public Liability insurance as well?
I am sole director and shareholder (at moment, unless someone can advise me otherwise), no dodgy wives in company doing nothing for 7K (I am the wife and I do plenty!). So I have no employees (I think?)
If not requested, one-man band, and standard IT contractor for a bank - do I need it?
Thanks (all advice welcome - I got first contract on Friday and they want me to start next week!) (but don't worry, am meeting with accountant on Monday and know about gettimg contract checked for IR35 etc)
My question is, do I need to add on Public Liability insurance as well?
I am sole director and shareholder (at moment, unless someone can advise me otherwise), no dodgy wives in company doing nothing for 7K (I am the wife and I do plenty!). So I have no employees (I think?)
If not requested, one-man band, and standard IT contractor for a bank - do I need it?
Thanks (all advice welcome - I got first contract on Friday and they want me to start next week!) (but don't worry, am meeting with accountant on Monday and know about gettimg contract checked for IR35 etc)
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