Hello, I am a new contractor and was very silly to not have not read my contract before I started work.
The long and short of it is that my agency is refusing to pay on the grounds that I have not met the payment terms. Which are to have Professional Indemnity insurance.
I have worked for 2 months so far and opted out but sent my contract in a 3 days after starting work.
The 2 months came about because I submitted my invoice 5 weeks after I started work but my agency have 30 days payment terms. When I called 30 days after submitting the invoice I was told the payment terms have not been met.
Am in a real pickle what are my options. If I buy insurance now would it resolve the issue or its too late.
The long and short of it is that my agency is refusing to pay on the grounds that I have not met the payment terms. Which are to have Professional Indemnity insurance.
I have worked for 2 months so far and opted out but sent my contract in a 3 days after starting work.
The 2 months came about because I submitted my invoice 5 weeks after I started work but my agency have 30 days payment terms. When I called 30 days after submitting the invoice I was told the payment terms have not been met.
Am in a real pickle what are my options. If I buy insurance now would it resolve the issue or its too late.
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